Advertisement

Advertisement

obligee

[ ob-li-jee ]

noun

  1. Law.
    1. a person to whom another is obligated or bound.
    2. a person to whom a bond is given.
  2. a person who is under obligation for a favor, service, or benefit.


obligee

/ ˌɒblɪˈdʒiː /

noun

  1. a person in whose favour an obligation, contract, or bond is created; creditor
  2. a person who receives a bond
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


Discover More

Word History and Origins

Origin of obligee1

First recorded in 1565–75; oblige + -ee
Discover More

Compare Meanings

How does obligee compare to similar and commonly confused words? Explore the most common comparisons:

Discover More

Example Sentences

“Further, no potential obligee of the fund benefits from this growth of the fund as the state has not defaulted, and will not default, on any payment of an obligation to return claimed property.”

Il importe que nous soyons d’accord sur cette question avant de prendre une décision définitive relativement à l’alimentation en courant alternatif et je vous serais très obligée de me dire votre opinion.

In many cases the words also connote actions which would be done under certain contingencies by persons other than those denoted: as the words mortgagor and mortgagee, obligor and obligee, and many other words expressive of legal relation, which connote what a court of justice would do to enforce the legal obligation if not fulfilled.

Bond is the agreement by the obligor of a contract to pay a certain forfeit to the obligee, if the former does not perform his contract or does not perform it before a certain date.

Its design is to secure that the obligor, i.e. the person giving the bond, will either pay a sum of money, or do or refrain from doing some act; and for this purpose the obligor binds himself in a penalty to the obligee, with a condition added that, if the obligor pays the sum secured—which is usually half the penalty—or does or refrains from doing the specified act, the bond shall be void: otherwise it shall remain in full force.

Advertisement

Advertisement

Advertisement

Advertisement


obligedobligement