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Obligor শব্দের বাংলা অর্থ: আইনগতভাবে বা চুক্তি দ্বারা বাধিত ব্যক্তি
Obligor Meaning In Bengali আইনগতভাবে বা চুক্তি দ্বারা বাধিত ব্যক্তি
Obligor
আইনগতভাবে বা চুক্তি দ্বারা বাধিত ব্যক্তি,
Definition
1) A person or entity that is legally obligated or bound to fulfill a specific duty, promise, or commitment.
2) The party in a legally binding agreement who is responsible for meeting the terms and conditions outlined in the contract.
3) An individual or organization that is required to make payment, provide goods or services, or perform specific actions as outlined in a contract or agreement.
Examples
Obligor Example in a sentence
1) The obligor failed to make payments on the loan.
2) As the obligor, you are responsible for fulfilling your contractual obligations.
3) The obligor agreed to meet certain conditions outlined in the agreement.
4) The obligor is legally bound to repay the debt owed.
5) The obligor's failure to comply with the terms of the contract led to a breach.
6) It is important for the obligor to understand their responsibilities before signing the agreement.
7) The obligor may face legal consequences for not meeting their obligations.
8) The obligor's default on the loan resulted in a penalty fee.
9) The obligor's bankruptcy could impact the lender's ability to recover the debt.
10) It is crucial for the obligor to maintain open communication with the creditor.
Part of Speech
Obligor (Noun)
Synonyms
Obligor - (SYNONYM) আইনগতভাবে বা চুক্তি দ্বারা বাধিত ব্যক্তি
Encyclopedia
A person or entity that is legally obligated or bound to fulfill a specific duty, promise, or commitment.
The party in a legally binding agreement who is responsible for meeting the terms and conditions outlined in the contract.
An individual or organization that is required to make payment, provide goods or services, or perform specific actions as outlined in a contract or agreement.
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