obligational


Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia.

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 ?
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.
This is where the Neda Board approval, together with the issuance of the special presidential authority to government officials to negotiate and sign the loan, guarantee or grant agreement for the project, as well as the Forward Obligational Authority by the Department of Budget and Management, would be issued simultaneously during a single Neda Board meeting.
Under the streamlined 'three-in-one' process, the Neda Board approval, the issuance of the special Presidential authority to government officials to negotiate and sign the loan, guarantee or grant agreement for the project, and the forward obligational authority by the Department of Budget and Management would be issued simultaneously during a single Neda Board meeting,' the Finance chief explained.
The obligational legal relationship appears from the debtor's perspective, as a debt, and from the perspective of the creditor, as a claim.
Inayatullah demanded of the federal government to immediately announce date for holding fresh census in the country as it is constitutional obligational on the part of the federal government.
Procurement of this stuff will be made under the General Appropriate Act Fiscal Year 2016 and Multi-Year Obligational Authority for Fiscal Year 2015.
This also explains the preference for passive constructions in combination with obligational shall in the legal genres represented in the HCOS.
However, regulating the carrier's liability requires affecting the obligational structure of the contract of carriage of goods, as it is shown in the third article of that international treaty.
Calculations based on DoD Comptroller, National Defense Budget Estimates for FY 2014 (Green Book) (Washington: DoD, May 2013), table 6-1, recording changes in total obligational authority from fiscal years 1948 to 2013.
48-billion forward obligational authority (FOA) to the Department of Transportation and Communications (DOTC) for the BRT project.
But it can allow determination of responsibilities even when subsequent coordination of parties is costly and when obligational clarity is valuable at the time of performance, such as when courts are unlikely to provide full remedies or when there is independent value to that clarity.
Calculations based on Department of Defense (DOD) Comptroller, National Defense Budget Estimates for FY2014 (Green Book) (Washington, DC: DOD, May 2013), table 6-1, recording changes in Total Obligational Authority from fiscal years 1948 to 2013.
Full browser ?