obligor is a promisor; one who incurs a lawful obligation to another (the obligee). The maker of a promissory note is an obligor. In a performance bond, the contractor is the obligor. One who guarantees the performance of the obligation is a surety; also called a guarantor. (See payor).
Barry Goldsmith
| APA | Barry Goldsmith. (2010). obligor. Retrieved September 24, 2026, from http://smartdefine.org/obligor/definitions/1159481 |
| Chicago | Barry Goldsmith. 2010. "obligor" http://smartdefine.org/obligor/definitions/1159481 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, obligor, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/obligor/definitions/1159481>. |
| MLA | Barry Goldsmith. "obligor" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/obligor/definitions/1159481> |