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According to its fee disclosures, S&P typically charges public finance obligors between $6,500 and $500,000 to rate their credit, based on its size, structure and complexity.—Daniel Libit, Sportico.com, 3 Sep. 2019 The buyer will lose a portion of the money paid to the original seller should one or more obligors fail to repay their obligations.—Harris Irfan, Foreign Affairs, 15 May 2015 The Tax Section requests additional guidance to clarify that bona fide[5] loans outstanding at the obligor’s death to an entity in which the debtor has previously gifted an interest are not subject to the exceptions to the special rule.—Alan Gassman, Forbes, 11 Aug. 2022 This issue appears to be as a mirror of the Delray Beach Florida issue except the obligor is being stiffed with an 8.5% interest rate.—Richard Lehmann, Forbes, 8 Oct. 2021
Word History
Etymology
borrowed from Anglo-French, from obliger "to oblige" + -or-or entry 1
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