What's the difference between obligor and party?

Obligor


Definition:

  • (n.) The person who binds himself, or gives his bond to another.

Example Sentences:

  • (1) By S&P definition, that means a sovereign faces “major ongoing uncertainties and exposure to adverse business, financial, or economic conditions which could lead to the obligor’s inadequate capacity to meet its financial commitments”.

Party


Definition:

  • (v.) A part or portion.
  • (v.) A number of persons united in opinion or action, as distinguished from, or opposed to, the rest of a community or association; esp., one of the parts into which a people is divided on questions of public policy.
  • (v.) A part of a larger body of company; a detachment; especially (Mil.), a small body of troops dispatched on special service.
  • (v.) A number of persons invited to a social entertainment; a select company; as, a dinner party; also, the entertainment itself; as, to give a party.
  • (v.) One concerned or interested in an affair; one who takes part with others; a participator; as, he was a party to the plot; a party to the contract.
  • (v.) The plaintiff or the defendant in a lawsuit, whether an individual, a firm, or corporation; a litigant.
  • (v.) Hence, any certain person who is regarded as being opposed or antagonistic to another.
  • (v.) Cause; side; interest.
  • (v.) A person; as, he is a queer party.
  • (v.) Parted or divided, as in the direction or form of one of the ordinaries; as, an escutcheon party per pale.
  • (v.) Partial; favoring one party.
  • (adv.) Partly.

Example Sentences:

  • (1) Until his return to Brazil in 1985, Niemeyer worked in Israel, France and north Africa, designing among other buildings the University of Haifa on Mount Carmel; the campus of Constantine University in Algeria (now known as Mentouri University); the offices of the French Communist party and their newspaper l'Humanité in Paris; and the ministry of external relations and the cathedral in Brasilia.
  • (2) Another interested party, the University of Miami, had been in talks with the Beckham group over the potential for a shared stadium project.
  • (3) However, as the same task confronts the Lib Dems, do we not now have a priceless opportunity to bring the two parties together to undertake a fundamental rethink of the way social democratic principles and policies can be made relevant to modern society.
  • (4) A spokesman for the Greens said that the party was “disappointed” with the decision and would be making representations to both the BBC and BBC Trust .
  • (5) Brown's model, which goes far further than those from any other senior Labour figure, and the modest new income tax powers for Holyrood devised when he was prime minister, edge the party much closer to the quasi-federal plans championed by the Liberal Democrats.
  • (6) To a supporter at the last election like me – someone who spoke alongside Nick Clegg at the curtain-raiser event for the party conference during the height of Labour's onslaught on civil liberties, and was assured privately by two leaders that the party was onside about civil liberties – this breach of trust and denial of principle is astonishing.
  • (7) After friends heard that he was on them, Brumfield started observing something strange: “If we had people over to the Super Bowl or a holiday season party, I’d notice that my medicines would come up short, no matter how good friends they were.” Twice people broke into his house to get to the drugs.
  • (8) Finally, before the advent of the third-party payment, operations were avoided because of the financial burden.
  • (9) On 17 December Clegg will set out his own script for the year ahead, testing the idea that coalition governments can function even as the two parties clearly show their separate colours.
  • (10) A “significant” number of resignations from the party had come in on Tuesday and Giles queried whether the CLP still had the 500 members it needs to remain registered.
  • (11) What’s needed is manifesto commitments from all the main political parties to improve the help single homeless people are legally entitled to.
  • (12) Cameron, who faces intense political pressure from the UK Independence party in the runup to the 2014 European parliamentary elections, believes voters will need to be consulted if the EU agrees a major treaty revision in the next few years.
  • (13) "I saw my role, and continue to do so, as doing everything I can to accelerate the Lib Dems' journey from a party of protest to a party of government," he said.
  • (14) Canvassing previous Labour voters who were pro-independence or still undecided during the referendum, McGarry hears complaints that the party is no longer socialist and should not have sided with the Tories at the referendum.
  • (15) The appointment of the mayor of London's brother, who formally becomes a Cabinet Office minister, is one of a series of moves designed to strengthen the political operation in Downing Street and to patch up the prime minister's frayed links with the Conservative party.
  • (16) Sharif's family insist that he still runs the party from jail.
  • (17) All 17 candidates are going to be participating in debate night and I think that’s a wonderful opportunity Reince Priebus Republican party officials have defended the decision to limit participation, pointing out that the chasing pack will get a chance to debate separately before the main event.
  • (18) On Monday, the day after a party congress officially cementing Putin's candidacy in the 4 March presidential election, the top stories on Inosmi concerned modernisation, the eurozone crisis and Iran.
  • (19) Any party or witness is entitled to use Welsh in any magistrates court in Wales without prior notice.
  • (20) The Nazi party’s office of racial purity claimed that the Jewish character was essentially drug-dependent.

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