noun a duty or commitment to fulfill a responsibility
adjective obligatory, required by a sense of duty or responsibility
In legal terms, an obligation refers to a duty or responsibility that one party is legally bound to fulfill towards another party.
In finance, an obligation can refer to a financial commitment or debt that must be repaid.
In business, an obligation can refer to contractual agreements, promises, or commitments that must be honored.
In ethics, an obligation can refer to a moral duty or responsibility that one has towards others or society.
In personal relationships, an obligation can refer to commitments, promises, or responsibilities that one has towards another person.