Obligors
/ˈɒblɪɡərz/
Definitions
- (n.) Plural form of obligor; a party who is legally bound to perform an obligation or duty under a contract or law.
The obligors must fulfill their contractual duties to avoid breach of contract.
Forms
- obligor
Related terms
See also
Commentary
As a plural noun, 'obligors' does not carry additional distinct meanings beyond 'obligor'; see base form for full definition.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.