What's the difference between
and
Enter two words to compare and contrast their definitions, origins, and synonyms to better understand how those words are related.

Obligor vs Payor - What's the difference?

obligor | payor |

As nouns the difference between obligor and payor

is that obligor is the party bearing a legal obligation to another party, the obligee while payor is the maker of a payment.

obligor

English

Noun

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

    * obligee

    payor

    English

    Alternative forms

    * payer

    Noun

    (en noun)
  • (Law, healthcare, medical insurance) The maker of a payment.