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legal commitment (obligation)

См. также в других словарях:

  • obligation — ob·li·ga·tion /ˌä blə gā shən/ n 1: a promise, acknowledgment, or agreement (as a contract) that binds one to a specific performance (as payment); also: the binding power of such an agreement or indication held that the amendment did not… …   Law dictionary

  • commitment — n 1: an act of committing: as a: placement in or assignment to a prison or mental hospital petition for commitment compare incompetent, interdiction ◇ Commitment to a mental health facility is called …   Law dictionary

  • commitment — Describes a trader s obligation to accept or make delivery on a futures contract. Related: open interest. Bloomberg Financial Dictionary When a trader or institution assumes the obligation to accept or make delivery on a futures contract. Chicago …   Financial and business terms

  • legal — 1. Conforming to the law; according to law; required or permitted by law; not forbidden or discountenanced by law; good and effectual in law; of or pertaining to the law; lawful. Freeman v. Fowler Packing Co., 135 Kan. 378, 11 P.2d 276, 277. See… …   Black's law dictionary

  • legal — 1. Conforming to the law; according to law; required or permitted by law; not forbidden or discountenanced by law; good and effectual in law; of or pertaining to the law; lawful. Freeman v. Fowler Packing Co., 135 Kan. 378, 11 P.2d 276, 277. See… …   Black's law dictionary

  • legal profession — Introduction       vocation that is based on expertise in the law and in its applications. Although there are other ways of defining the profession, this simple definition may be best, despite the fact that in some countries there are several… …   Universalium

  • Commitment — A trader is said to have a commitment when he assumes the obligation to accept or make delivery on a futures contract. Related: Open interest * * * commitment com‧mit‧ment [kəˈmɪtmənt] noun 1. [countable, uncountable] a promise to do something or …   Financial and business terms

  • National Legal Aid & Defender Association — The National Legal Aid Defender Association (NLADA) is the oldest and largest national, nonprofit membership organization devoted to advocating equal justice for all Americans.[1] Established in 1911, the NLADA champions effective legal… …   Wikipedia

  • contract obligation — I noun avowal, bond, commitment, compact, concordant, condition, covenant, guarantee, indenture, issue, liability, pact, pledge, promise, provision, proviso, specific obligation, specific term, term, warranty II index liability Burton s Legal… …   Law dictionary

  • guarantee — gua·ran·tee /ˌgar ən tē, ˌgär / n [probably alteration of guaranty] 1: guarantor 2: guaranty (1) 3: an assurance that a condition will be fulfilled: as …   Law dictionary

  • Nicaragua v. United States — The Republic of Nicaragua v. The United States of America[1] was a 1984 case of the International Court of Justice (ICJ) in which the ICJ ruled in favor of Nicaragua and against the United States and awarded reparations to Nicaragua. The ICJ held …   Wikipedia

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