obligor

[ ob-li-gawr, ob-li-gawr ]

/ ˌɒb lɪˈgɔr, ˈɒb lɪˌgɔr /

a person who is bound to another.

a person who gives a bond.

Origin of obligor

First recorded in 1535–45; oblige + -or²

The obligations of quasi contracts are imposed by law without reference to the assent of the obligor.

Commercial Law |Samuel Williston, Richard D. Currier, and Richard W. Hill
Whatever scheme may be devised to increase the value of the Confederate States paper money, the obligor is the same.

A Rebel War Clerk's Diary at the Confederate States Capital |John Beauchamp Jones
As a rule, partial interests cannot be assigned so as to be binding upon the obligor, without the latter's consent.

Cyclopedia of Commerce, Accountancy, Business Administration, v. 3 |Various

obligor

/ (ˌɒblɪˈɡɔː) /

a person who binds himself by contract to perform some obligation; debtor

a person who gives a bond