The New York Stock Exchange started out as a coffee house.
OBLIGOR
Etymology
Noun
obligor (plural obligors)
(legal, finance) The party bearing a legal obligation to another party (the obligee).
Coordinate terms
• obligee
Source: Wiktionary
Ob`li*gor", n.
Definition: The person who binds himself, or gives his bond to another. Blackstone.
Source: Webster’s Unabridged Dictionary 1913 Edition
Recent Word Finds
Word of the Day
27 December 2024
OBLIGATE
(adjective) restricted to a particular condition of life; “an obligate anaerobe can survive only in the absence of oxygen”
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