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Obligation
01
an action that one must perform because they are legally or morally forced to do so
02
the state of being forced to do something in a way that conforms to the law or is morally acceptable
03
a legal agreement specifying a payment or action and the penalty for failure to comply
04
a written promise to repay a debt
05
a personal relation in which one is indebted for a service or favor
Example
As part of her job, she has an obligation to maintain client confidentiality.
Attending the meeting was not just a suggestion but an obligation for all department heads.
Paying taxes is a civic obligation that supports public services and infrastructure.
Signing the lease created a legal obligation for them to pay rent on time each month.
The company successfully commuted high-interest obligations to lower-interest bonds.
