What is the meaning of obligation?

obligation is the requirement imposed on a debtor to pay a debt and the legal right of a creditor to enforce payment.

Barry Goldsmith
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APABarry Goldsmith. (2010). obligation. Retrieved September 23, 2026, from http://smartdefine.org/obligation/definitions/1159475
ChicagoBarry Goldsmith. 2010. "obligation" http://smartdefine.org/obligation/definitions/1159475 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, obligation, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/obligation/definitions/1159475>.
MLABarry Goldsmith. "obligation" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/obligation/definitions/1159475>
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