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obligor vs. obligee

[ ob-li-gawr, ob-li-gawr ]
noun
  1. a person who is bound to another.
  2. a person who gives a bond.
[ 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.