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Obligor vs Counterparty - What's the difference?

obligor | counterparty |

As nouns the difference between obligor and counterparty

is that obligor is the party bearing a legal obligation to another party, the obligee while counterparty is the other party to a financial transaction.

obligor

English

Noun

(en noun)
  • (legal, finance) The party bearing a legal obligation to another party, the obligee.

    • Coordinate terms

    * obligee

    counterparty

    English

    Alternative forms

    *counter-party

    Noun

    (counterparties)
  • (finance, legal) The other party to a financial transaction

    • Derived terms

    *counterparty risk *central counterparty