financial obligation

Other forms: financial obligations

Definitions of financial obligation
  1. noun
    an obligation to pay money to another party
    synonyms: indebtedness, liability
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    types:
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    limited liability
    the liability of a firm's owners for no more than the capital they have invested in the firm
    debt
    the state of owing something (especially money)
    arrears
    the state of being behind in payments
    account payable, payable
    a liability account showing how much is owed for goods and services purchased on credit
    scot and lot
    obligations of all kinds taken as a whole
    type of:
    obligation
    the state of being obligated to do or pay something
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