obligor

n.
One who binds oneself to another by contract or legal agreement.

An entity that has an obligation to pay all principal and interest payments on a debt.

Investopedia Says:
Examples of obligors are bond issuers.

Also referred to as debtor.

Related Links:
Investing in bonds - What are they, and do they belong in your portfolio? Bond Basics Tutorial

Party who has an obligation to pay a debt, including interest due, by a specified date, or when repayment is demanded. The obligor (also known as obligator) is the debtor or borrower; the party advancing the funds is the lender, creditor, or obligee. In corporate securities, the obligee is the bondholder and the issuing organization is the debtor.

The person who binds himself or herself to another; one who has engaged to perform some obligation; one who makes a Bond.
Example: See Obligee.

This entry contains information applicable to United States law only.

The individual who owes another person a certain debt or duty.

The term obligor is often used interchangeably with debtor.