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Meaning of debt obligation | Babel Free

Noun CEFR B2
/dɛt ɑb.ləˈɡeɪ.ʃən/

Definitions

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.

countable, uncountable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

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