See Also: obligee(dictionary)
Obligee(law)
OBLIGEE or CREDITOR, contracts(law)

obligee (iou)



obligee noun. L16.
[from OBLIGE + -EE1.]
Law. A person to whom another is bound by contract or to whom a bond is given. Correl. to obligor. L16.
b. A person who undertakes an obligation. L16-L17.
A person under obligation to another on account of a service or kindness received. E17.