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Meaning of obligee

ob•li•gee

Pronunciation: (ob"li-jē'), [key]
— n.
    1. a person to whom another is obligated or bound.
    2. a person to whom a bond is given.
  1. a person who is under obligation for a favor, service, or benefit.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.