WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from the Web

Obligee

Definition:

An obligee refers to a person or entity who is entitled to receive a particular obligation from another party. It typically refers to the recipient of a legally binding duty.

Example Sentences:

• The contractor, as the obligee, had the right to demand payment upon completion of the project.
• As an obligee of the contract, it is the landlord's responsibility to ensure that the property is maintained.
• John, as the obligee of the mortgage, receives regular payments from the homeowner.
• The obligee of a surety bond can make a claim against the bond if the principal fails to fulfill their obligations.

Possible Related Products:

Find relevant books and resources on obligees on Amazon.