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 … WebObligation definition, something 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. See more.

OBLIGATED definition in the Cambridge English Dictionary

WebDec 22, 2024 · Obligation: An obligation in finance is the responsibility to meet the terms of a contract. If an obligation is not met, the legal system often provides recourse for the injured party. WebApr 14, 2024 · A general obligation bond is a type of municipal bond backed by the full faith and credit of the issuing government. This means that the issuer pledges its taxing power and general revenue to repay the bond, rather than relying on revenue from a specific project or source. Unlike general obligation bonds, revenue bonds are backed by the … brief history of egypt

Obligate Definition & Meaning - Merriam-Webster

Webobligation meaning: 1. the fact that you are obliged to do something: 2. something that you must do: 3. the fact that…. Learn more. WebClaim means, depending on the context, either: ( 1) A written demand or written assertion by one of the parties to a Federal award seeking as a matter of right: ( i) The payment of money in a sum certain; ( ii) The adjustment or interpretation of the terms and conditions of the Federal award; or. Webobligated: 1 adj caused by law or conscience to follow a certain course “felt obligated to repay the kindness” “was obligated to pay off the student loan” Synonyms: beholden … brief history of ems