Definition of financial obligation Financial obligation
We found 2 definitions of financial obligation from 2 different sources.
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What does financial obligation mean?
WordNet
Noun |
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| financial obligation - an obligation to pay money to another party | ||
| indebtedness, liability | ||
| obligation a legal agreement specifying a payment or action and the penalty for failure to comply | ||
| limited liability the liability of a firm's owners for no more than the capital they have invested in the firm | ||
| debt an obligation to pay or do something | ||
| arrears an unpaid overdue debt | ||
| account payable, payable a liability account showing how much is owed for goods and services purchased on credit; "the problem was to match receivables and payables in the same currency" | ||
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OmegaWiki DictionaryOmegaWiki Dictionary Ω
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financial obligation
An obligation to pay money to another party.
