obligee

American  

[ob-li-jee] / ˌɒb lɪˈdʒi /

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.

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obligee British  

/ ˌɒblɪˈdʒiː /

noun

1. a person in whose favour an obligation, contract, or bond is created; creditor

2. a person who receives a bond

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Etymology

Origin of obligee

First recorded in 1565–75; oblige + -ee

Compare meaning

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

• obligor vs. obligee

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.”

From Washington Times

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.

From Scientific American

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.

From Project Gutenberg

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.

From Project Gutenberg

The obligee assigns the particular breaches of which he complains, damages in respect of such breaches are assessed, and, on payment into court by the obligor of the amount of such damages, the court enters a stay of execution.

From Project Gutenberg