Warning
Info
Warning
Info
Simple English definitions for legal terms
obligant
Read a random definition: innocent spouse
A quick definition of obligant:
Term: OBLIGANT
Definition: An obligant is someone who owes something to another person. In Scottish law, an obligant is a debtor in an obligation. This means that they are the person who owes money or some other obligation to someone else. Another word for an obligant is an obligor.
A more thorough explanation:
Definition: In Scots law, an obligant is a debtor in an obligation. This is the same as an obligor.
Example: John borrowed money from Jane and promised to pay her back within a year. In this situation, John is the obligant or obligor because he owes Jane the money.
Explanation: The example illustrates the definition of obligant because John is the debtor in the obligation. He is obligated to pay Jane back the money he borrowed. Therefore, he is the obligant or obligor in this situation.