Meaning & use
obligee
Last updated
a person or party to whom an obligation, especially a legal or financial one, is owed.
See it in a sentence
Under the contract, the obligee has the right to demand payment if the terms are broken.
The bond names the government agency as the obligee if the contractor fails to perform.
A note on using this word
Chiefly a legal and financial term; the party who owes the obligation is called the 'obligor.'
Words with an opposite meaning
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