pecuniary obligation
1obligation — 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… …
2pecuniary liability — A personal, joint, or corporate monetary obligation to make good any lost, damaged, or destroyed property resulting from fault or neglect. It may also result under conditions stipulated in a contract or bond …
3moral obligation — A duty arising from or connected with what was once a legal liability or from the receipt of benefit of a material or pecuniary nature. 17 Am J2d Contr §§ 132 et seq. An obligation arising from ethical motives, or a mere conscientious duty,… …
4OBLIGATIONS, LAW OF — This law is concerned with the rights of one person as against those of another (jus in personam), as distinguished from the law of property, which is concerned with a person s rights in a chattel or other property as against the world at large… …
5financial — financially, adv. /fi nan sheuhl, fuy /, adj. 1. pertaining to monetary receipts and expenditures; pertaining or relating to money matters; pecuniary: financial operations. 2. of or pertaining to those commonly engaged in dealing with money and… …
6financial — fi•nan•cial [[t]fɪˈnæn ʃəl, faɪ [/t]] adj. 1) pertaining or relating to money matters; pecuniary 2) of or pertaining to those commonly engaged in dealing with money and credit • Etymology: 1760–70 fi•nan′cial•ly, adv. syn: financial, fiscal,… …
7DOWRY — (Heb. נְדֻנְיָה), the property a wife brings to her husband at marriage; the Yiddish equivalent, nadn, is from the same root. The custom of nedunyah became clearly defined and institutionalized only in the talmudic period. In biblical times,… …
8lump-sum settlement — The payment of an entire debt all at once rather than in installments; the payment of a set amount of money to satisfy a pecuniary obligation that might otherwise continue indefinitely. Dictionary from West s Encyclopedia of American Law. 2005.… …
9Welsh — Welsh, v. t. & i. (a) To cheat by avoiding payment of bets; said esp. of an absconding bookmaker at a race track. [Slang] (b) To avoid dishonorably the fulfillment of a pecuniary obligation. [Slang] [Webster 1913 Suppl.] …
10liability — noun (plural ties) Date: 1705 1. a. the quality or state of being liable b. probability 2. something for which one is liable; especially pecuniary obligation ; debt usually used in plural 3. one that acts as a disadvantage ; …
