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Definitions

obligation

[ob-li-gey-shuhn] / ˌɒb lɪˈgeɪ ʃən /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

A call option gives the holder the opportunity, but not the obligation, to buy a given stock at a stated price — known as the strike price.

From MarketWatch • May 19, 2026

Call option buyers have the right, but not the obligation, to purchase underlying shares at a certain price in the future.

From Barron's • May 15, 2026

The complaint alleges that the Steyer campaign failed to notify the influencers it hired of their obligation to inform their audience when their posts have been sponsored by the campaign.

From Los Angeles Times • May 15, 2026

But insurers also have an obligation to review claims carefully to guard against fraud, which could result in higher rates for all customers.

From The Wall Street Journal • May 14, 2026

My friend, however, asked his help not in repayment but as a matter of friendship, counting not on Thessicher’s obligation but on his affection.

From "The Left Hand of Darkness" by Ursula K. Le Guin




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