debt obligation

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English[edit]

English Wikipedia has an article on:
Wikipedia

Etymology[edit]

From debt + obligation.

Pronunciation[edit]

Noun[edit]

debt obligation (countable and uncountable, plural debt obligations)

  1. (law) 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.