Covenantor

Obligor - An obligor is a person, organization, or entity that is legally bound to perform a specific duty or pay a certain amount to another party, known as the obligee. The term is commonly used in contract law, finance, and other legal contexts to identify the party with the obligation to fulfill the terms of a contract, loan, or other legal arrangement.

Class Information

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Identification

Label (rdfs)
Obligor
Preferred Label
Covenantor
Alternative Labels
Grantor, Promisor
Identifier
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Definition and Examples

Definition
An obligor is a person, organization, or entity that is legally bound to perform a specific duty or pay a certain amount to another party, known as the obligee. The term is commonly used in contract law, finance, and other legal contexts to identify the party with the obligation to fulfill the terms of a contract, loan, or other legal arrangement.
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Class Relationships

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Additional Information

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Deprecated
False

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