Obligation: According to Holland

According to Holland, An obligation as its entomology denotes is a tie by one person is bound to perform some act for the benefit of another. In some cases, the two parties agree thus to be bound together; in other cases as they are bound without their consent. Definition of obligation - Although It is The term Obligation is a core concept under business. Get to know the definition of Obligation , what it is, the advantages, and the latest trends here. The meaning of OBLIGATION is the action of obligating oneself to a course of action (as by a promise or vow). How to use obligation in a sentence. There are 11 meanings listed in OED's entry for the noun obligation , five of which are labelled obsolete. See ‘Meaning & use’ for definitions, usage, and quotation evidence.