MLchartDataset catalogue

Obligee

Term · Law · MLC-T-LAW-003507

The party to whom another party, the obligor, owes a duty or obligation. This individual or entity has the right to receive performance or payment from the obligor under a contract, bond, or other legal instrument. In a surety bond, the obligee is the party protected by the bond against the obligor's failure to perform.

Table 1. Record
IdentifierMLC-T-LAW-003507
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-003507",
  "term": "Obligee",
  "field": "Law",
  "definition": "The party to whom another party, the obligor, owes a duty or obligation. This individual or entity has the right to receive performance or payment from the obligor under a contract, bond, or other legal instrument. In a surety bond, the obligee is the party protected by the bond against the obligor's failure to perform.",
  "url": "https://mlchart.com/terminology/law/obligee/"
}

Record 3,494 of 5,439 in Law terminology (MLC-0107). Request the full dataset.