obligate
1 of 2verb/ˈɑblɪɡeɪt/
Forms:obligates,obligating,obligated,obligated
1
to make someone do something, typically through legal, moral, or social means
- The signed agreement obligates both parties to adhere to the terms and conditions outlined within.
- The contract obligates the contractor to complete the construction project within the specified timeframe.
- Social norms obligate individuals to show respect for one another's personal space and boundaries.
- By accepting the scholarship, students obligate themselves to maintain a certain GPA throughout the academic year.
- The terms of the loan obligate the borrower to make monthly repayments with a fixed interest rate.
2
to commit assets or resources as security against a financial obligation or agreement
transitive- She had to obligate her savings account as collateral for the loan.
- As part of the mortgage agreement, they had to obligate their house as security for the loan.
- In order to obtain the business loan, they had to obligate their equipment as collateral.
- To secure the lease for the commercial space, they had to obligate a cash deposit as security.
- The bank required them to obligate their vehicles as collateral for the car loan.