Obligate
volume
British pronunciation/ˈɒblɪɡˌeɪt/
American pronunciation/ˈɑbɫəˌɡeɪt/

Definitie & Betekenis van "obligate"

to obligate
01

verplichten

to commit assets or resources as security against a financial obligation or agreement
02

verplichten

to make someone do something, typically through legal, moral, or social means
01

verplicht

restricted to a particular condition of life
example
Voorbeeld
examples
As part of the mortgage agreement, they had to obligate their house as security for the loan.
She had to obligate her savings account as collateral for the loan.
To secure the lease for the commercial space, they had to obligate a cash deposit as security.
The bank required them to obligate their vehicles as collateral for the car loan.
In order to obtain the business loan, they had to obligate their equipment as collateral.
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