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TeachMeFinance.com - explain obligee
obligee -- a creditor.
creditor -- an individual, business or other organization to whom money or something of value is owed.
historic definition...
Obligee -- The person in whose favor a bond or other obligation
has been entered into.
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2005 by Mark McCracken, All Rights Reserved.
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