Adjective "obligor" definition and examples

(Obligor may not be an adjective, but it can be used as an adjective, click here to find out.)

Pronunciation

/ˈɒblɪɡɔː//ˌɒblɪˈɡɔː/

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Definitions and examples

noun

A person who owes or undertakes an obligation to another by contract or other legal procedure.
  1. 'Certainly if the agreement is governed by English law our courts can enforce the obligation, if necessary by ordering the obligor to sign the requisite documents.'
  2. 'When banks have large amounts of both foreign and domestic currency assets and liabilities on their books, the quality of their dollar claims on domestic obligors tends to be undermined worst of all by contractive exchange crises.'

More definitions

1. a person who is bound to another.

2. a person who gives a bond.

More examples(as adjective)

"analyses can be obligor."