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The Collaborative International Dictionary
Obligor

Obligor \Ob`li*gor"\, n. The person who binds himself, or gives his bond to another.
--Blackstone.

Douglas Harper's Etymology Dictionary
obligor

"person who binds himself to another by contract," 1540s, agent noun in Latin form from oblige.

Wiktionary
obligor

n. (context legal finance English) The party bearing a legal obligation to another party, the obligee.