What context can I use each word in?
Learn when and how to use these words with these examples!
obligee
Example
The obligee has the right to demand payment from the debtor. [obligee: noun]
Example
The obligee in this contract is the landlord, and the lessee must pay rent on time. [obligee: noun]
creditor
Example
The creditor has the right to collect payment from the debtor. [creditor: noun]
Example
The bank is the creditor in this loan agreement, and the borrower must make monthly payments. [creditor: noun]
Good things to know
Which word is more common?
Creditor is more commonly used than obligee in everyday language, especially in financial contexts.
Whatโs the difference in the tone of formality between obligee and creditor?
Both obligee and creditor are formal words that are typically used in legal and financial contexts.
