obligor (Meaning)
Webster
obligor (n.)
The person who binds himself, or gives his bond to another.
Synonyms & Antonyms of obligor
No Synonyms and anytonyms found
obligor Sentence Examples
- The obligor is legally bound to fulfill the contractual obligations.
- The mortgage agreement designated the homeowner as the obligor.
- The company failed to honor its debt, leaving the obligors with an unpaid balance.
- The divorce settlement stipulated that the obligor must pay alimony to the former spouse.
- The bond indenture required the obligor to make periodic interest payments.
- The court ordered the obligor to pay child support retroactively.
- The surety stepped in to cover the debt when the obligor defaulted.
- The obligor's financial difficulties made it impossible for them to meet their obligations.
- A lien was placed on the obligor's property to secure payment.
- The obligor's income was garnished to satisfy the outstanding judgment.
FAQs About the word obligor
The person who binds himself, or gives his bond to another.
No synonyms found.
No antonyms found.
The obligor is legally bound to fulfill the contractual obligations.
The mortgage agreement designated the homeowner as the obligor.
The company failed to honor its debt, leaving the obligors with an unpaid balance.
The divorce settlement stipulated that the obligor must pay alimony to the former spouse.
