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OBLIGATION

Volume 15 · 145 words · 1815 Edition

in general, denotes any act whereby a person becomes bound to another to do something; as to pay a sum of money, be surety, or the like.

Obligations are of three kinds, viz. natural, civil, and mixed. Natural obligations are entirely founded on natural equity; civil obligations on civil authority alone, without any foundation in natural equity; and mixed obligations are those which, being founded on natural equity, are farther enforced by civil authority.

In a legal fone, obligation signifies a bond, wherein is contained a penalty, with a condition annexed, for the payment of money, &c. The difference between it and a bill is, that the latter is generally without a penalty or condition, though it may be made obligatory: and obligations are sometimes by matter of record, as statutes and recognizances. See the article BOND.

Moral OBLIGATION. See MORAL PHILOSOPHY, No 58, &c.