primary obligation
1primary obligation — An obligation imposed by law in consequence of a person s voluntary undertaking, or by the law on the ground of public policy or utility; as, for example to perform one s contract or to refrain from committing a trespass. See 8 Harvard L Rev 200 …
2obligation — A generic word, derived from the Latin substantive obligatio, having many, wide, and varied meanings, according to the context in which it is used. That which a person is bound to do or forbear; any duty imposed by law, promise, contract,… …
3primary — First; principal; chief; leading. First in order of time, or development, or in intention. As to primary conveyance primary election primary obligation primary vein, see those titles @ primary activity Concerted action such as a strike or… …
4Obligation du Trésor — Emprunt d État Un emprunt d État (en anglais : government bond, dont le diminutif usuel est govvie) est une obligation ou un titre de créance négociable émis généralement dans sa propre devise par un gouvernement. Dans le cas d une émission… …
5primary liability — The liability of the person who, by the terms of the instrument of obligation, is absolutely required to pay the same. 11 Am J2d B & N § 525. The liability of a maker or principal, as distinguished from that of a guarantor, indorser, or other… …
6Primary Mortgage Market — The market where borrowers and mortgage originators come together to negotiate terms and effectuate mortgage transaction. Mortgage brokers, mortgage bankers, credit unions and banks are all part of the primary mortgage market. After being… …
7primary liability — legal responsibility of one who accepted an obligation …
8Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
9Collateralized loan obligation — Collateralized loan obligations (CLOs) are a form of securitization where payments from multiple middle sized and large business loans are pooled together and passed on to different classes of owners in various tranches. A CLO is a type of… …
10As a noun, an undertaking or promise that is collateral to the primary or principal obligation and that binds the guarantor to performance in the event of nonperformance by the principal obligor. — As a noun, an undertaking or promise that is collateral to the primary or principal obligation and that binds the guarantor to performance in the event of nonperformance by the principal obligor. A provision contained in a written document, such… …