What context can I use each word in?
Learn when and how to use these words with these examples!
obligor
Example
The obligor failed to make the required payments on time. [obligor: noun]
Example
The obligor is responsible for fulfilling the terms of the contract. [obligor: noun]
debtor
Example
The debtor filed for bankruptcy due to overwhelming debt. [debtor: noun]
Example
The debtor owes a significant amount of money to various creditors. [debtor: noun]
Good things to know
Which word is more common?
Debtor is more commonly used than obligor in everyday language, as it has a broader range of connotations and is used in both legal and non-legal contexts.
Whatโs the difference in the tone of formality between obligor and debtor?
Obligor is more formal and technical than debtor, making it more appropriate for use in legal and financial contexts where precision and accuracy are important.
