obligee

noun

ob·​li·​gee ˌä-blə-ˈjē 

: one to whom another is obligated (as by a contract)

specifically : one who is protected by a surety bond

Word History

Etymology

borrowed from Anglo-French obligé, noun derivative from past participle of obliger "to oblige"

First Known Use

1574, in the meaning defined above

Legal Definition

obligee

noun

ob·​li·​gee ˌä-blə-ˈjē 

: one (as a creditor) to whom another is legally obligated

an obligee protected by a surety bond

compare debtor, obligor