noun a person or entity to whom something is owed or who is entitled to something, typically in a legal context
In legal contexts, an obligee is a person or entity to whom an obligation is owed by another party, known as the obligor.
In construction contracts, the obligee is typically the party who has contracted for the work to be done and is entitled to certain obligations from the contractor.
In finance, an obligee is often a party who is owed money or other financial obligations.
In insurance contracts, the obligee is the party who is entitled to receive the benefits or payments under the policy.
In the context of surety bonds, the obligee is the party who is protected by the bond and can make a claim against it if the principal fails to fulfill their obligations.
In legal writing, an obligee is the party to whom an obligation is owed. Writers may use this term when discussing contractual agreements or legal matters in their work.
Psychologists may use the term obligee when discussing obligations and responsibilities in therapy or counseling sessions, especially when working with clients who have court-ordered obligations.
Financial advisors may use the term obligee when discussing financial obligations owed to a client or by a client to another party, such as in the case of a loan agreement or investment contract.
Contractors may use the term obligee when referring to the party in a contract who is owed a specific obligation, such as completing a construction project or providing a service within a certain timeframe.
Human resources managers may use the term obligee when discussing obligations related to employee benefits, such as health insurance or retirement plans, that are owed by the employer to the employee.