Webobligation: [noun] the action of obligating oneself to a course of action (as by a promise or vow).

Webobligation definition: 1. the fact that you are obliged to do something: 2. something that you must do: 3. the fact that…. Learn more.

Webobligation an agreement enforceable by law, originally applied to promises under seal. a document containing such an agreement. a bond containing a penalty, with a condition annexed for payment of money, performance of covenants, etc.

Webobligation 1. An act or course of action that is demanded of one, as by position, custom, law, or religion: burden, charge,... 2. Something, such as money, owed by one person to another: arrearage, arrears, debt, due, indebtedness, liability. 3. A condition of owing something to another:

WebSynonyms for OBLIGATION: duty, responsibility, need, commitment, promise, burden, requirement, vow; Antonyms of OBLIGATION: discharge, exemption, relief, waiver ...

Webobligation Add to list Share noun the state of being obligated to do or pay something “he is under an obligation to finish the job” see more see... noun the social force that binds you to the courses of action demanded by that force “every opportunity, an obligation... noun a personal relation in ...

Webobligation The firm must fulfill its obligations under the contract. = The firm must fulfill its contractual obligations. legal/financial/constitutional obligations Both landlord and tenant should know their rights and obligations. [= responsibilities]

WebOBLIGATION. In its general and most extensive sense, obligation is synonymous with duty. In a more technical meaning, it is a tie which binds us to pay or to do something agreeably to the laws and customs of the country in which the obligation is made. Just. Inst. 1. 3, t. 14.

WebObligation is the moral or legal duty that requires an individual to perform, as well as the potential penalties for the failure to perform. An obligation is also a duty to do what is imposed by a contract, promise, or law. In the most general sense, duty is a synonym of obligation. When getting more technical, obligation refers to the tie that ...

Web25/09/2022 · Obligation is an essential concept that boils down to the finer details of how a business can be set up and how it works. Know the definition, latest news, and why Obligation is important here.