Obligation - Definition
obligation
n 1: the social force that binds you to the courses of action
demanded by that force; "we must instill a sense of duty in
our children"; "every right implies a responsibility; every
opportunity, an obligation; every possession, a duty"- John
D.Rockefeller Jr [syn: duty, responsibility,
obligation]
2: the state of being obligated to do or pay something; "he is
under an obligation to finish the job"
3: a personal relation in which one is indebted for a service or
favor [syn: obligation, indebtedness]
4: a written promise to repay a debt [syn: debt instrument,
obligation, certificate of indebtedness]
5: a legal agreement specifying a payment or action and the
penalty for failure to comply