obligation

Vocabulary Word

Definition

'Obligation' is when you're required to do something, either by law, a rule, or a personal commitment. For example, paying taxes is an obligation because it's required by the law.

Examples in Different Contexts

Our company has an obligation to our shareholders to operate efficiently and profitably.

Practice Scenarios

Impact

Scenario:

The Rohingya refugee crisis is a humanitarian issue we cannot ignore. We should make every attempt to provide aid.

Response:

Indeed, the scale of the crisis and our resources demand us to help. It's an obligation we must undertake.

Business

Scenario:

Our trade partnership with the foreign company demands strict compliance with international trade laws.

Response:

With the existing trade agreement, we've an obligation to comply with the international laws or face penalties.