Surety Bond Price | Surety Bond Parties


Related Terms
Obliging party (bond holder, creditor, lender, insurance policy holder, etc.) in whose favor a promise is made or an obligation is entered into by an obligor, under the terms of an agreement. Also called promisee.

Use 'obligee' in a Sentence

If you are the obligee then you should try to do what you need to as quick as possible so the other party will be happy to do future business together.
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Jason decided it was best not entrust his business with the obligee due to their past affiliations with shady and corrupt organizations.
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I was volunteered as the obligee and would have to do what no one else wanted to do and I cursed myself for my kindness.
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