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Finance Dictionary and Glossary of Investment Terms
Obligor
Definition 1.
An entity that has an obligation to pay all principal and interest payments on a debt.
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Definition 2.
A person who has an obligation to pay off a debt.
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Definition 3.
An individual or company that owes debt to another individual or company (the creditor), as a result of borrowing or issuing bonds. also called debtor.
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