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Obligor vs. Borrower — What's the Difference?

Obligor vs. Borrower — What's the Difference?

Difference Between Obligor and Borrower

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Obligor

One who is under obligation to another by contract or legal agreement.
Oct 19, 2021

Borrower

In subtraction, to take a unit from the next larger denomination in the minuend so as to make a number larger than the number to be subtracted.
Oct 19, 2021

Obligor

The party bearing a legal obligation to another party (the obligee).
Oct 19, 2021

Borrower

To obtain or receive (something) on loan with the promise or understanding of returning it or its equivalent.
Oct 19, 2021

Obligor

The person who binds himself, or gives his bond to another.
Oct 19, 2021
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Borrower

To adopt or use as one's own
I borrowed your good idea.
Oct 19, 2021

Borrower

(Linguistics) To adopt (a word) from one language for use in another.
Oct 19, 2021

Borrower

To borrow something.
Oct 19, 2021

Borrower

(Linguistics) To adopt words from one language for use in another.
Oct 19, 2021

Borrower

One who borrows.
A library borrower's card
Oct 19, 2021

Borrower

One who borrows.
Neither a borrower nor a lender be.
Oct 19, 2021

Borrower

Someone who receives something on the promise to return it or its equivalent
Oct 19, 2021

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