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obligor vs. obligee

[ob-li-gawr, ob-li-gawr] / ˌɒb lɪˈgɔr, ˈɒb lɪˌgɔr /

noun

Law.
  1. a person who is bound to another.

  2. a person who gives a bond.

[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.