obligation definition simple - EAS
- 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. Key Takeaways Obligations are responsibilities, often in the form of a contract, such as a mortgage or auto loan.www.investopedia.com/terms/o/obligation.asp
- People also ask
- https://www.merriam-webster.com/dictionary/obligation
Webobligation noun ob· li· ga· tion ˌäb-lə-ˈgā-shən 1 : an act of making oneself responsible for doing something 2 a : something (as a promise or contract) that requires one to do something b …
Explore further
- https://dictionary.cambridge.org/dictionary/english/obligation
Webobligation noun LAW uk / ˌɒblɪˈɡeɪʃ ə n / us [ C or U ] a legal or moral duty to do something: a legal / moral obligation an obligation to do sth There is a legal obligation to publish …
- https://www.dictionary.com/browse/obligation
Websomething by which a person is bound or obliged to do certain things, and which arises out of a sense of duty or results from custom, law, etc. something that is done or is to be …
- https://www.thefreedictionary.com/obligation
Webobligation ( ˌɒblɪˈɡeɪʃən) n 1. a moral or legal requirement; duty 2. the act of obligating or the state of being obligated 3. (Law) law a legally enforceable agreement to perform …
- https://www.britannica.com/dictionary/obligation
WebBritannica Dictionary definition of OBLIGATION. 1. : something that you must do because of a law, rule, promise, etc. [count] The firm must fulfill its obligations under the …
- https://www.yourdictionary.com/obligation
WebA duty imposed legally or socially; thing that one is bound to do by contract, promise, moral responsibility, etc. Webster's New World Similar definitions The binding power of …
- https://www.dictionary.com/browse/obligated
WebSee synonyms for obligated on Thesaurus.com. adjective. bound by law or regulation, moral principle, duty, etc.; obliged: My supervisors talked with me regularly about my ambitions …
- https://droit-finances.commentcamarche.com/...
WebNov 21, 2022 · Les obligations sont des titres de créances, émises généralement par les sociétés et les Etats pour emprunter des fonds sur les marchés. En souscrivant à une …
- https://legal-dictionary.thefreedictionary.com/obligation
WebA pure or simple obligation is one which is not suspended by any condition, either because it has been contacted without condition, or, having been contracted with …
- https://www.thefreedictionary.com/Simple+obligation
WebSimple obligation - definition of Simple obligation by The Free Dictionary Simple obligation Also found in: Legal . See also: Simple Webster's Revised Unabridged …
Related searches for obligation definition simple