obligation
noun
  1. a duty to do something

    Examples
    • There is no obligation to help out in another department

    • There is no obligation to buy.

    Usage
    to fulfil your contractual obligations
    to do what is stated in a contract
  2. a debt

    Usage
    to meet your obligations
    to pay your debts
Browse by Subjects
guaranteed introducing broker
short term debt ratio
debit
Futures Option
closed out
See All Related Terms »

exponential moving average (EMA)
Black Monday
salary review
year end closing
regressive taxation