OBLIGOR - The party having an obligation with respect to the payment of debt service on bonds, typically but not always the borrower (such as a conduit borrower) of bond proceeds. See: CONDUIT BORROWER, OBLIGATED PERSON.
Obligor
A person who has an obligation to pay off a debt.
Observational Noise
The error between the true value in a system and its observed value due to imprecision in measurement. Also called Measurement Noise. See: Dynamical Noise.
Obligor
An entity that has an obligation to pay all principal and interest payments on a debt.
Off-The-Run Treasuries ...
[Harvey] accrual of obligation The time at which an obligation matures or vests, requiring the obligor to perform. [ITDS] accrue to increase or accumulate.
obligor A person or firm that owes debt to another individual or firm, as a result of... obsolescence The loss in the utility of an asset as a result of the development of improved...
If you are planning to get a private annuity, then you will have to discuss the exact terms with your obligor. For example, in some cases, the obligor will keep any leftover annuity money after the person who bought the annuity has died.
Credit risk is the risk that money owing will not be paid by an obligor.
Legal Lending Limit (LLL) Banking regulation used in most countries to limit the amount of exposure that a bank is allowed to have to any one obligor (borrower), ...
A broad category of bonds that are secured by taxes levied by the obligor. The taxes are not necessarily unlimited as to rate or amount, so while all general obligation bonds are tax backed, not all tax-backed bonds are general obligations.
Definition
Double default
Double default occurs in banking, when the obligor and the guarantor fail to meet their obligations.
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Cashier's check
A check drawn directly on a customer's account, making the bank the primary obligor, and assuring firms that the amount will be paid.
Cashout
Occurs when a firm runs out of cash and cannot readily sell marketable securities.
Clearing Corporation: The Options Clearing Corporation, which is the actual issuer of option contracts. It acts as a clearing house, or bookkeeper. When an exercise notice is received, it assigns the notice. It is also considered the obligor and ...
 See also: Interest, Market, Debt, Account, Broker
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