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WebView history. An obligation is a course of action that someone is required to take, whether legal or moral. Obligations are constraints; they limit freedom. People who are under … Webholy days of obligation, in the Roman Catholic Church, religious feast days on which Catholics must attend mass and refrain from unnecessary work. Although all Sundays are sanctified in this way, the term holy days usually refers to other feasts that must be observed in the same manner as Sunday.
WebApr 13, 2024 · Some of the handguns collected in the Nov. 22 gun buyback program. On March 22 in Durham, two 16-year-old boys were shot and killed, and a third 16-year-old … WebObligation is the moral or legal duty that requires an individual to perform, as well as the potential penalties for the failure to perform. An obligation is also a duty to do what is imposed by a contract, promise, or law. In the most general sense, duty is a synonym of obligation. When getting more technical, obligation refers to the tie that ...
obligation noun ob· li· ga· tion ˌäb-lə-ˈgā-shən 1 : an act of making oneself responsible for doing something 2 a : something (as a promise or contract) that requires one to do something b : something one must do : duty 3 : a feeling of being indebted for an act of kindness Legal Definition obligation noun ob· li· ga· tion ˌä-blə-ˈgā-shən 1 WebSynonyms for OBLIGATION: duty, responsibility, need, commitment, promise, burden, requirement, vow; Antonyms of OBLIGATION: discharge, exemption, relief, waiver ...
WebMar 14, 2024 · A liability is an obligation of a company that results in the company’s future sacrifices of economic benefits to other entities or businesses. A liability, like debt, can be an alternative to equity as a source of a company’s financing. Moreover, some liabilities, such as accounts payable or income taxes payable, are essential parts of day ...
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