obligor
noun
ob·li·gor ˌä-blə-ˈgȯr 
-ˈjȯr
-ˈjȯr : one who is bound by a legal obligation
Example Sentences
Recent Examples on the Web The Tax Section requests additional guidance to clarify that bona fide[5] loans outstanding at the obligor’s death to an entity in which the debtor has previously gifted an interest are not subject to the exceptions to the special rule. 
Alan Gassman, Forbes, 11 Aug. 2022 This issue appears to be as a mirror of the Delray Beach Florida issue except the obligor is being stiffed with an 8.5% interest rate. Richard Lehmann, Forbes, 8 Oct. 2021
Alan Gassman, Forbes, 11 Aug. 2022 This issue appears to be as a mirror of the Delray Beach Florida issue except the obligor is being stiffed with an 8.5% interest rate. Richard Lehmann, Forbes, 8 Oct. 2021 Word History
Etymology
borrowed from Anglo-French, from obliger "to oblige" + -or -or entry 1
First Known Use
1541, in the meaning defined above
Legal Definition
obligor
noun
ob·li·gor ˌä-blə-ˈgȯr, -ˈjȯr
: one who is bound by an obligation to another
an obligation extinguished by performance of the obligor
compare creditor, debtor, obligee, promisor, surety