failure of obligation

failure of obligation
index delinquency (failure of duty)

Burton's Legal Thesaurus. . 2006

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  • obligation — A generic word, derived from the Latin substantive obligatio, having many, wide, and varied meanings, according to the context in which it is used. That which a person is bound to do or forbear; any duty imposed by law, promise, contract,… …   Black's law dictionary

  • Obligation — ♦ A legal bond by which a person is bound to give or do something; failure to fulfill the obligation is sufficient ground for an action. (Hogue, Arthur R. Origins of the Common Law, 257) …   Medieval glossary

  • failure — Abandonment or defeat. Failure of duty or obligation. Lapse. Deficiency, want, or lack; ineffectualness; inefficiency as measured by some legal standard; an unsuccessful attempt. See also fail lapse …   Black's law dictionary

  • failure — Abandonment or defeat. Failure of duty or obligation. Lapse. Deficiency, want, or lack; ineffectualness; inefficiency as measured by some legal standard; an unsuccessful attempt. See also fail lapse …   Black's law dictionary

  • Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • Renewables Obligation — The Renewables Obligation (RO) [ [http://www.ofgem.gov.uk/Sustainability/Environmnt/RenewablObl/Pages/RenewablObl.aspx Ofgem and ROC] Ofgem: What is the Renewables Obligation] is designed to incentivise the generation of electricity from eligible …   Wikipedia

  • Collateralized loan obligation — Collateralized loan obligations (CLOs) are a form of securitization where payments from multiple middle sized and large business loans are pooled together and passed on to different classes of owners in various tranches. A CLO is a type of… …   Wikipedia

  • reference obligation — USA reference obligation, Also known as a covered obligation and commonly referred to as the ref ob . One or more debt instruments of the reference entity specified in a credit derivative confirmation such as a …   Law dictionary

  • covered obligation — USA reference obligation, Also known as a covered obligation and commonly referred to as the ref ob . One or more debt instruments of the reference entity specified in a credit derivative confirmation such as a …   Law dictionary

  • neglect of obligation — index delinquency (failure of duty) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

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