MLchartDataset catalogue

Obligor

Term · Law · MLC-T-LAW-003508

The party who is bound by a legal or contractual obligation to another party. This individual or entity has a duty to perform a specific act or make a payment. In a contract, the obligor is the one who must fulfill the terms of the agreement, such as a borrower repaying a loan.

Table 1. Record
IdentifierMLC-T-LAW-003508
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003508",
  "term": "Obligor",
  "field": "Law",
  "definition": "The party who is bound by a legal or contractual obligation to another party. This individual or entity has a duty to perform a specific act or make a payment. In a contract, the obligor is the one who must fulfill the terms of the agreement, such as a borrower repaying a loan.",
  "url": "https://mlchart.com/terminology/law/obligor/"
}

Record 3,497 of 5,441 in Law terminology (MLC-0107). Request the full dataset.