obligation finance meaning - EAS
- Legal requirement to fulfill a responsibilityAn obligation is a legal requirement to fulfill a responsibility. In the finance world, this often involves making specific payments by specific dates and/or ensuring that a company meets certain performance requirements. How Does Obligation Work?
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See morehttps://www.investopedia.com › terms › o › obligation.asp- Obligations are the backbone of our economy. Trusting that a contract will be adhered to helps create a stable, healthy society. Individuals, corporations, governments, banks, and institutions—any entity that operates within a society—must regularly fulfill their obligations, or else face punishment. Financial obligations repr…
- An obligation is the responsibility of a party to meet the terms of a contract or agreement. If an obligation is not met, the legal system often provides recourse for the injured party.
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- https://financial-dictionary.thefreedictionary.com › Obligation
Obligation. Any requirement, especially a legal one. For example, one may have a legal obligation to disclose one's investments to the SEC. Likewise, one has an obligation to repay debts by the agreed-upon time. On the other hand, one has an ethical obligation to deal fairly with one's clients, even if the obligation is not legally enforceable.
- https://www.smartcapitalmind.com › what-is-a-financial-obligation.htm
Jun 20, 2022 · A financial obligation is a requirement to pay money to another party, such as a lender, landlord, or service provider. Obligations may be fixed or variable, and are an important part of budgeting. Many come with legal ramifications.
- https://www.upcounsel.com › financial-obligation
The contractual promise to make payments and/or pay a debt in full is known as a legal, financial obligation. In finance, this often involves making specified payments by specified dates and/or holding a company responsible for meeting established performance requirements. Any outstanding debts or regular payments that you must make are considered financial …
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Finance Obligations Definition: 136 Samples | Law Insider
https://www.lawinsider.com › dictionary › finance-obligationsFinance Obligations means (i) all Senior Obligations and (ii) all Swap Obligations owing to one or more Swap Creditors; in each case whether now or hereafter due, owing or incurred in any manner, whether actual or contingent, whether incurred solely or jointly with any other person and whether as principal or surety (and including all liabilities in connection with any notes, bills or …
- https://financial-dictionary.thefreedictionary.com › Obligations
Obligation. Any requirement, especially a legal one. For example, one may have a legal obligation to disclose one's investments to the SEC. Likewise, one has an obligation to repay debts by the agreed-upon time.
- https://www.thefreedictionary.com › financial+obligation
financial obligation - an obligation to pay money to another party. indebtedness, liability. limited liability - the liability of a firm's owners for no more than the capital they have invested in the firm. obligation - the state of being obligated to do or pay something; "he …
- https://www.merriam-webster.com › dictionary › obligation
1 : a promise, acknowledgment, or agreement (as a contract) that binds one to a specific performance (as payment) also : the binding power of such an agreement or indication held …
- https://www.accountingtools.com › articles › obligation
Apr 09, 2022 · An obligation is a commitment to pay a third party based on an underlying contract, such as a purchase order, mortgage, or bond issuance. If the obligation is probable and the amount can be determined, then it is recorded in an entity's accounting records as a liability.
- https://www.investopedia.com › terms › c › clo.asp
Mar 10, 2022 · A collateralized debt obligation (CDO) is a complex financial product backed by a pool of loans and other assets and sold to institutional investors. more The Truth About Mezzanine Financing
