Financial Obligation - Law Dictionary Search Results
Financial obligation
Matched in: Term Financial obligation
Financial obligations
Matched in: Term Financial obligations
Obligor
debtor. It means a person liable to a originator, whether under a contract or otherwise, to pay a financial asset or to discharge any obligation in respect of a financial asset, whether existing, future, con-ditional or contingent
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bond
Some bonds, such as fidelity bonds, function as insurance agreements, in which the surety promises to pay for financial loss caused by the bad behavior of an obligated person or by some contingency over which the person … agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure
Banking policy
be made bankrupt in respect of her obligations incurred before that date. A person who cannot meet current financial obligation; Black's Law Dictionary, 7th Edn.
Bankrupt
be made bankrupt in respect of her obligations incurred before that date. A person who cannot meet current financial obligation; Black's Law Dictionary, 7th Edn.
liabilities
liabilities a person's financial obligations such as long-term / short-term debt, and other financial obligations to be paid. Source: U.S. Department of … liabilities a person's financial obligations such as long-term / short-term debt, and other financial obligations to be paid. Source: U.S. Department of Housing
liability
quality or state of being liable 2 : something for which one is liable: as a : a financial obligation : debt [tax ] [the bonds are liabilities] compare asset contingent liability : an amount that may or
paper
with the court "Federal Rules of Civil Procedure Rule 5(d)"] 2 : a document providing evidence of a financial obligation ;esp : commercial paper in this entry accommodation paper : commercial paper used by one party to accommodate
obligational
relating or constituting or qualified to create a legal or financial obligation as obligational authority
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