obligational


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ob·li·ga·tion

 (ŏb′lĭ-gā′shən)
n.
1.
a. A social, legal, or moral requirement, such as a duty, contract, or promise, that compels one to follow or avoid a particular course of action: Are you able to meet your obligations? I have an obligation to attend their wedding.
b. The constraining power of a promise, contract, law, or sense of duty: I felt no obligation to offer my advice.
c. Law A document in which a person binds himself or herself to undertake or refrain from doing a particular act.
d. A debt instrument, such as a loan, mortgage, or bond.
2. The state, fact, or feeling of being indebted to another for a special service or favor received: If they invite us, aren't we under obligation to invite them in return?

ob′li·ga′tion·al adj.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.obligational - relating or constituting or qualified to create a legal or financial obligation; "obligational authority"
References in periodicals archive ?
31, 2018, lease may be subjected to 'reexecution under the multiyear obligational authority agreement between the parties.'
Broken down, releases under obligational authority amounted to P653.8 billion, while those issued through special allotment release orders (Saro) reached P668.8 billion.
For the rest of the world, the GDPR should be predictive, inspirational and eventually obligational. Lack of acting now could open a space for the abuse of power - be it for illegitimate corporate or authoritarian gains of the hidden societal actors.
" He said the only projects that can continue are those under the so-called Multi-Year Obligational Authority.
For the speaker in the non-predictive scenario is (perhaps implicitly) ascribing a current obligational state to John.
However, Diokno admitted that large projects under the so-called Multi-Year Obligational Authority (MYOA) will not be adversely affected, including the likes of the subway and the Philippine National Railway projects.
class="MsoNormalI believe the words have been diluted by the obligational need to say them.
deobligated within the original period of obligational availability are
(3) All costs are expressed in 2016 dollars of total obligational authority (TOA), adjusted to remove the effects of inflation using the gross domestic product price index as projected by CBO; all growth rates are measured in those real terms.
[section] 2410a to enter into interagency agreements (ISA) because an ISA is akin to a contract, and the obligational consequences of an interagency agreement entered into under [an agency's] revolving fund authority are the same as if it were a contract.").
The obligational legal relationship appears from the debtor's perspective, as a debt, and from the perspective of the creditor, as a claim.
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