Obligee: meaning, definitions and examples

💰

Add to dictionary

obligee

[ ˌɒblɪˈdʒiː ]

^{Context #1}

legal term

A person to whom a legal obligation is owed; a person who has the legal right to receive money or other property from another.

Synonyms

creditor, payee, recipient

Examples of usage

The obligee in this case is entitled to receive the payment by the specified date.
The obligee can enforce the legal obligation against the obligor.

Translations

Translations of the word "obligee" in other languages:

🇵🇹 credor

🇮🇳 लेनदार

🇩🇪 Gläubiger

🇮🇩 kreditur

🇺🇦 кредитор

🇵🇱 wierzyciel

🇯🇵 債権者

🇫🇷 créancier

🇪🇸 acreedor

🇹🇷 alacaklı

🇰🇷 채권자

🇸🇦 دائن

🇨🇿 věřitel

🇸🇰 veriteľ

🇨🇳 债权人

🇸🇮 upnik

🇮🇸 kröfuhafi

🇰🇿 несие беруші

🇬🇪 მევალე

🇦🇿 kreditor

🇲🇽 acreedor

Word origin

The word 'obligee' originated from the Latin word 'obligātus', which means 'bound'. It has been used in legal contexts for centuries to refer to a person who is owed a legal obligation by another party. The concept of an obligee is fundamental in contract law and is essential for ensuring that legal obligations are fulfilled.