The meaning of OBLIGEE is one to whom another is obligated (as by a contract); specifically : one who is protected by a surety bond. How to use obligee in a sentence.

OBLIGEE meaning: 1. the person or group who must receive something such as a payment or benefit from someone…. Learn more.

Obligee is a person or entity to whom an obligation is owed. It is a term that is often used in contract law. An obligee can be a creditor or a promisee . For example, in a principal surety relationship, an obligee is the creditor who may enforce payment or performance by either principal or surety.

While obligor and obligee look similar, they are drastically different. This term refers to a person bound by a legal obligation. For example, the spouse in a child-support determination proceeding responsible for making the child-support payments is called the obligor.

2 meanings: 1. a person in whose favour an obligation, contract, or bond is created; creditor 2. a person who receives a bond.... Click for more definitions.

Aug 19, 2017 · An obligee is a person to whom a legal debt or other obligation is owed. In family law, an obligee would be the individual who would be in receipt of child support, alimony , or both. In civil law , an obligee may be in receipt of the proceeds from a contract or promissory note .

Definition of "obligee" The individual or organization that is entitled to receive something as part of a legal agreement ; How to use "obligee" in a sentence. In the context of a loan, the bank serves as the obligee who has to be repaid. The insurance company was the obligee in the insurance contract, expected to receive the premium.

Define obligee. obligee synonyms, obligee pronunciation, obligee translation, English dictionary definition of obligee. n. One to whom another is under obligation by a contract or legal agreement.

Obligee. The individual to whom a particular duty or obligation is owed. The obligation might be to pay a debt or involve the performance or nonperformance of a particular act. The term obligee is often used synonymously with creditor.

OBLIGEE definition: 1. the person or group who must receive something such as a payment or benefit from someone…. Learn more.