debt obligation
debt obligation · debt obligations
A duty by which a party to an agreement is legally bound to pay the maturity of a debt…A duty by which a party to an agreement is legally bound to pay the maturity of a debt at a time and in a manner as is stipulated within a given contract or promissory note.
US/dɛt ɑb.ləˈɡeɪ.ʃən/
Meaning
1 senses(countable, uncountable)A duty by which a party to an agreement is legally bound to pay the maturity of a debt at a time and in a manner as is stipulated within a given contract or promissory note.
Origin
From debt + obligation.From debt + obligation.
Wiktionary, CC BY-SA 4.0 · source
Forms
plural: debt obligations| Singular | debt obligation |
|---|---|
| Plural | debt obligations |
regular
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable