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Glite Dictionary
obligee

obligee

8.4
A person or organization owed a payment under a contract
  • noun
  • /əˈblaɪdʒi/
  • Formal
translation icon : acreedor
  • In a loan agreement, the bank is the obligee, expecting the borrower to return the funds provided.

Examples

  • But where a mandate or set of powers is instead conferred primarily to secure the settlor's expectations, it may be appropriate to treat the settlor as the obligee.

    Academic text (2018)

  • Therefore, if the obligor or obligee appeals the administrative child support order to the juvenile court and the administrative order is upheld, the order will be in effect retroactive to the date of the CSEA's administrative hearing.

    Blog text (17)

  • The contractor acted as the obligee, ensuring that the subcontractors completed their work as per the contract.

  • As the obligee in the lease agreement, the landlord has the right to collect rent from the tenant.

Surface Forms

obligee singular
obligees plural

Morphology

obligee = oblige (transparent) = oblige + ee

Formed from the verb 'oblige' plus the productive '-ee' suffix meaning 'person receiving the action' (e.g., payee, employee), so the meaning is directly derived.

Etymology

The word obligee comes from oblige, originally from a Latin idea 'to bind', plus the ending -ee, which names the person who receives an action, like employee. So an obligee is the person or organization who has the right to receive money or services under a contract.