Definition of obligee

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August undefined, 2024

WebDefinition of obligee in the Definitions.net dictionary. Meaning of obligee. What does obligee mean? Information and translations of obligee in the most comprehensive … Webbilateral contract. A bilateral contract is a contract in which both parties exchange promises to perform. One party’s promise serves as consideration for the promise of the other. As a result, each party is an obligor on that party’s own promise and an obligee on the other’s promise. (compare: unilateral contract) The most common types ...

OBLIGEE definition in the Cambridge English Dictionary

WebJun 22, 2024 · Obligee pronunciation How to pronounce Obligee in English?/,ɑːblə`dʒiː/Meaning of Obligee What is Obligee?The person to whom another … WebThe meaning of OBLIGEE is one to whom another is obligated (as by a contract); specifically : one who is protected by a surety bond. How to use obligee in a sentence. country companions vet

Obligee financial definition of obligee

WebMeaning of obligee". What does obligee" mean? Information and translations of obligee" in the most comprehensive dictionary definitions resource on the web. WebThe meaning of OBLIGEE is one to whom another is obligated (as by a contract); specifically : one who is protected by a surety bond. How to use obligee in a sentence. WebThe term “obligee” trips up many insurance agents the first time they hear it. In regards to surety bonds, the obligee is the entity who is requiring your customer to purchase a bond. Surety bonds act as a three party contract … brevard county extension agent

Obligor: Definition, Responsibilities, Scenarios, and Types

OBLIGEE English meaning - Cambridge Dictionary

WebObligee definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Look it up now! Webobligate: [adjective] restricted to one particularly characteristic mode of life. country companionship australiaWebPrincipal: The party required to fulfill a specified obligation. Surety: The party backing the contractual obligation to perform the task is called the “surety,” or guarantor. Obligee: The party protected by the surety’s backing that the principal will uphold the agreement. If the party responsible for upholding the promise fails to do so ... brevard county eyeglass stores

"Webobligee meaning: 1. the person or group who must receive something such as a payment or benefit from someone…. Learn more. " - Definition of obligee

Definition of obligee

Webobligee translations: 權利人，債權人；受惠人. Learn more in the Cambridge English-Chinese traditional Dictionary. WebJul 15, 2024 · An Obligee is a creditor, the parent who collects child support, or the party requesting a surety bond in an insurance context. Even though a divorce is granted with a final order, that order can be modified if the financial situation of the obligor or obligee changes significantly. The obligation to pay child support, however, is one that ...

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WebWhat's the definition of Obligee in thesaurus? Most related words/phrases with sentence examples define Obligee meaning and usage. ... Thesaurus for Obligee. Related terms for obligee- synonyms, antonyms and sentences with obligee. Lists. synonyms. antonyms. definitions. sentences. thesaurus. Parts of speech. nouns. adjectives. Synonyms …

WebSep 14, 2015 · DEFINITIONS. Abeyance: A lapse or break in the succession of title. Act: An expression of will or performance voluntarily done by a person and of such nature that certain legal consequences attach to it. Action: A lawsuit or other judicial proceeding whose purpose is to obtain relief from a court of law. Administration: The collections, … WebOct 4, 2024 · The obligee can be a bank, a credit company, or a person who gets a surety bond to make sure that another person will complete something as contractually promised. Insurance policyholders are also obligees, insofar as their insurance contract stipulates that they are obliged to pay premiums to the insurance company. Advertisement.

WebApr 11, 2024 · Obligee definition: a person in whose favour an obligation , contract , or bond is created ; creditor Meaning, pronunciation, translations and examples … WebDefinition of obligee in the Definitions.net dictionary. Meaning of obligee. What does obligee mean? Information and translations of obligee in the most comprehensive dictionary definitions resource on the web. Login . The STANDS4 Network. ABBREVIATIONS; ANAGRAMS; BIOGRAPHIES; CALCULATORS; CONVERSIONS; …

WebObligee. The party to an agreement to whom an obligation is owed. An obligation is a requirement, especially a legal one. For example, an investor may have a legal obligation to disclose his/her investments to the SEC. In this circumstance, the obligee is the SEC.

WebPrincipal Obligee means any natural or legal person, who by a customs declara• tion, applies to carry out an Inter - State Road Transit operation and is thus res• ponsible to the competent authorities for the regular execution of this opera• tion; Sample 1. Based on 2 … country companions veterinary services llcWebJun 22, 2024 · Obligee pronunciation How to pronounce Obligee in English?/,ɑːblə`dʒiː/Meaning of Obligee What is Obligee?The person to whom another is bound, or the per... country companion vet morgantownWebObligee. The party to an agreement to whom an obligation is owed. An obligation is a requirement, especially a legal one. For example, an investor may have a legal obligation … brevard county facebookWebAug 3, 2024 · The bond obligee is the person that the surety company will pay if you do not fulfill your contractual obligations. The bond obligee in a vehicle dealer’s bond is typically either the state or federal government that regulates motor vehicle dealers and enforces laws against them. States require these bonds because they want to make sure ... brevard county extension centerWebThe popular meaning of the term “obligation” is a duty to do or not to do something. In its legal sense, obligation is a civil law concept. An obligation can be created voluntarily, such as one arising from a contract, quasi-contract, or unilateral promise. An obligation can also be created involuntarily, such as an obligation arising from ... country companions veterinary servicesWebLearn more about English word: obligee, including definition, synonyms, antonym, pronunciation. country companions vet bethany ctWebJun 3, 2024 · Obligee noun. The party owed an obligation by another party, the obligor. Obligor noun. The party bearing a legal obligation to another party (the obligee). … country company insurance company