Surety Bonds Glossary

1 words in this vocabulary list

noun a person or entity to whom something is owed or who is entitled to something, typically in a legal context

  • The obligee in this contract is the party who will receive the funds.
  • You're the obligee in this situation, so make sure you get what you're owed.
  • Don't worry, I'll be your obligee and cover your expenses.
  • As the obligee of her heart, he promised to always be there for her.