"Obligation" refers to a duty or responsibility that one is expected or required to fulfill. It is something that you have to do or that someone else expects you to do. Full definition
Government bonds generally consist of obligations of federal governmental entities, while municipal bonds are usually those of local governments. (wisemoneytips.com)
Money Back Policies thus, help you meet financial obligations with ease. (comparepolicy.com)
The law has recognized the effect of workplace sexual harassment by imposing legal obligations on employers to take steps both to prevent it and to act when it does occur. (mcinnescooper.com)