debt obligation

US/dɛt ɑb.ləˈɡeɪ.ʃən/

noun

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.

Meanings

noundebt obligation (countable and uncountable, plural debt obligations)

plural debt obligations

  1. countableuncountablelawA 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.

Origin

Rhymes & wordplay

Rhymes with debt obligation

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Cite this entry
APA

debt obligation. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/debt%20obligation

MLA

“debt obligation.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/debt%20obligation. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “debt obligation,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/debt%20obligation.

Source: debt obligation on Wiktionary, CC BY-SA 4.0.