obligee in English
noun
1
a person to whom another is bound by contract or other legal procedure.
The surety in a construction bond has three options: complete the work itself; retain a contractor to complete the work; or permit the obligee to complete the contract and pay any increased cost of such work.
Use "obligee" in a sentence
Below are sample sentences containing the word "obligee" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "obligee", or refer to the context using the word "obligee" in the English Dictionary.
1. If such a receivable is assigned, the obligor is the “account debtor” and the obligee is the “assignor”.