Obligation: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 21/8/13) |
||
| Line 1: | Line 1: | ||
1. | 1. | ||
Any financial commitment undertaken, most commonly in relation to repaying money. | Any financial commitment undertaken, most commonly in relation to repaying money. | ||
For example the obligation to repay a bond - together with related interest - or the obligation to repay other borrowings or other debt. | For example the obligation to repay a bond - together with related interest - or the obligation to repay other borrowings or other debt. | ||
2. | 2. | ||
More generally, any legally binding financial or non-financial commitment. | More generally, any legally binding financial or non-financial commitment. | ||
3. | 3. | ||
More broadly still, any type of commitment, whether or not it is legally binding. | More broadly still, any type of commitment, whether or not it is legally binding. | ||
== See also == | == See also == | ||
* [[Bond]] | * [[Bond]] | ||
* [[Debt]] | * [[Debt]] | ||
Revision as of 15:10, 21 August 2013
1.
Any financial commitment undertaken, most commonly in relation to repaying money.
For example the obligation to repay a bond - together with related interest - or the obligation to repay other borrowings or other debt.
2.
More generally, any legally binding financial or non-financial commitment.
3.
More broadly still, any type of commitment, whether or not it is legally binding.
