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obligation
obligation definition
ob·li·ga·tion (äb′li gā′s̸hən)
noun
- an obligating or being obligated
- a binding contract, promise, moral responsibility, etc.
- a duty imposed legally or socially; thing that one is bound to do by contract, promise, moral responsibility, etc.
- the binding power of a contract, promise, etc.
- the condition or fact of being indebted to another for a favor or service received
- a favor or service
- Law
- an agreement or duty by which one person (the obligor) is legally bound to make payment or perform services for the benefit of another (the obligee)
- the bond, contract, or other document setting forth the terms of this agreement
Etymology: ME obligacioun < OFr obligation < L obligatio
Related Forms:
- obligational ob′·li·ga′·tional adjective
Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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