obligation
Definition
Any debt, written promise, or duty.
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Related Terms
abatement, ability to pay, anticipation, arrearage, assumption, average life, breach, Collateralized Bond Obligation, Collateralized Mortgage Obligation, bond, credit, creditworthiness, commercial paper, default, discharge, discretion, due date, forfeiture, full disclosure, general obligation bond, moral obligation bond, good faith, guarantee, solvent, insolvent, joint and several liability, legal entity, option, seller liability, Treasuries
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