noun Date: 14th century 1. the action of obligating oneself to a course of action (as by a promise or vow) 2. a. something (as a formal contract, a promise, or the demands of conscience or custom) that obligates one to a course of action b. a debt security (as a mortgage or corporate bond) c. a commitment (as by a government) to pay a particular sum of money; also an amount owed under such an obligation <
unable to meet its obligations, the company went into bankruptcy
3. a. a condition or feeling of being obligated b. a debt of gratitude 4. something one is bound to do ; duty, responsibility

New Collegiate Dictionary. 2001.


Look at other dictionaries:

  • Obligation — Obligation …   Deutsch Wörterbuch

  • obligation — [ ɔbligasjɔ̃ ] n. f. • 1235; lat. jurid. obligatio, de obligare 1 ♦ Dr. Lien de droit en vertu duquel une personne peut être contrainte de donner, de faire ou de ne pas faire qqch. (⇒ créancier, 1. débiteur). Obligation alimentaire. (lat. in… …   Encyclopédie Universelle

  • obligation — ob·li·ga·tion /ˌä blə gā shən/ n 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 that the amendment did not… …   Law dictionary

  • Obligation — • Defined in the Institutes of Justinian as a legal bond which by a legal necessity binds us to do something according to the laws of our State Catholic Encyclopedia. Kevin Knight. 2006. Obligation     Obligation …   Catholic encyclopedia

  • obligation — Obligation. s. f. Acte public par lequel on s oblige pardevant Notaire de payer certaine somme. Une obligation de dix mille francs. la nouvelle Ordonnance deffend l obligation par corps. obligation solidaire &c. il m en a passé obligation… …   Dictionnaire de l'Académie française

  • obligation — Obligation, f. acut. Obligatio, Tabulae. Obligation de comparoir en justice, Vadimonium. Une solennité d obligation, ou alienation où il failloit entre autres choses cinq tesmoins, Nexus, siue Nexum. Avoir quelque obligation envers autruy sous… …   Thresor de la langue françoyse

  • Obligation — Ob li*ga tion, n. [F. obligation. L. obligatio. See {Oblige}.] 1. The act of obligating. [1913 Webster] 2. That which obligates or constrains; the binding power of a promise, contract, oath, or vow, or of law; that which constitutes legal or… …   The Collaborative International Dictionary of English

  • obligation — 1 Obligation, duty are comparable when they denote what a person is bound to do or refrain from doing or for the performañce or nonperformance of which he is held responsible. In ordinary usage obligation typically implies immediate constraint… …   New Dictionary of Synonyms

  • Obligation — (von lateinisch obligare anbinden, verpflichten) steht für: Obligation (Recht), die Haftung einer Person für ein Schuldverhältnis beziehungsweise das Schuldverhältnis als solches Wirtschaft und Finanzen: verzinsliches Wertpapier, eine… …   Deutsch Wikipedia

  • obligation — (n.) c.1300, from O.Fr. obligation (early 13c.), from L. obligationem (nom. obligatio) an engaging or pledging, lit. a binding (but rarely used in this sense), noun of action from pp. stem of obligare (see OBLIGE (Cf. oblige)). The notion is of… …   Etymology dictionary

  • obligation — [äb΄li gā′shən] n. [ME obligacioun < OFr obligation < L obligatio] 1. an obligating or being obligated 2. a binding contract, promise, moral responsibility, etc. 3. a duty imposed legally or socially; thing that one is bound to do by… …   English World dictionary

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