obligational
- adjective
- /əˌblɪɡˈeɪʃənl/
- Formal
- The contract sets out all the obligational duties of both parties involved.
Examples
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This type of bond carries certain obligational risks for the issuer.
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This is an obligational contract.
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The committee discussed the obligational authority required to approve the expenditure.
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Don't forget that these terms are obligational!
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The contract includes several obligational terms that must be followed by both parties.
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Before signing, make sure you understand the obligational requirements outlined in the agreement.
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The new law introduces obligational fees that businesses are required to pay.
Antonyms
How Obligatory
- Specialized
- Formal
- Formal
- Formal
Surface Forms
Morphology
obligational = obligation (transparent) = obligation + al
The adjective is formed in the standard way from the noun 'obligation' plus '-al', meaning 'relating to obligation'.
Etymology
The word obligational comes from an old root meaning 'to bind' and is the same root as oblige and obligation. So an obligational duty is like a 'tie' that makes someone legally or financially responsible to do something.