Obligor

What does it mean?
An entity that has an obligation to pay all principal and interest payments on a debt.

In Other Words...
Examples of obligors are bond issuers.

Also referred to as debtor.

Related Links
Bond Basics Tutorial - What are bonds and do they belong in your portfolio? Get all the answers in this comprehensive tutorial.

Related Terms
Bond | Debt | Debtor | Interest | Principal | Secured Debt

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