obligor Meaning in Tamil ( obligor வார்த்தையின் தமிழ் அர்த்தம்)
பிணைப்பத்திரம் எழுதிக்கொடுப்பர்
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obligor's Usage Examples:
As bankers we are primarily concerned with our exposure to the original obligor.
3522 of the Louisiana civil code obligor or debtor means the person who has engaged to perform some obligation, obligee or creditor the person in favour of whom some obligation is contracted, whether such obligation be to pay money or to do or not to do something.
American law is in general agreement with English, except in the case of Louisiana, where the terms obligor and obligee are used in as wide a sense as the debitor and creditor of Roman law.
The party bound is still called the obligor, the party in whose favour the bond is made the obligee.