Obligee

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  • 1 Types
August 31, 2024 3 min read Definitions
Surety: A Third-Party Performance Guarantee
Finance Law Surety Guarantee Obligor Obligee Contract
A Surety is a third party that guarantees the performance or obligation of the obligor to the obligee, ensuring the terms of a contract are met.
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August 25, 2024 3 min read Definitions
Obligee: Person in Whose Favor an Obligation is Entered Into
Law Finance Contracts Obligee Legal Terms Obligations Contracts Finance
An obligee is the individual or entity to whom an obligation is owed, often in legal, financial, or contractual contexts.
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August 25, 2024 3 min read Definitions
Surety Bond: Contract and Responsibility
Finance Legal Surety Bond Contract Obligation Principal Surety Obligee
A comprehensive overview of Surety Bond, its parties, function, legal significance, and applications in various industries.
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