debt obligation English

Meaning debt obligation meaning

What does debt obligation mean?

debt obligation noun

— (legal) A duty by which a party to an agreement is legally bound to pay the maturity of a debt at a time and in a manner as is stipulated within a given contract or promissory note.

Synonyms debt obligation synonyms

What other words have the same or similar meaning as debt obligation?

debt obligation English » English

promissory note