Three years
If you have not been obligating your funds according to your obligation plan, you could risk having those funds reallocated to other programs during budget reviews or funding cycles. This is often done to ensure that resources are utilized effectively and to support programs that demonstrate a clear need for funding. It's crucial to adhere to your obligation plan to maintain access to allocated funds and avoid potential loss. Regular monitoring and timely obligation of funds can help safeguard your budget.
A discontinued stipulation means that a specific order has been stopped. This will eliminate any form of obligation to the parties involved.
This is a type of credit enhancement that guarantees payment of an obligation and must be paid by the enhancer on the demand of the note or bond holder.
A surety and a guarantor are similar but not identical concepts in finance and law. Both involve a third party agreeing to take on the obligation of a borrower if they default, but a surety is typically more directly involved in the transaction and may be liable as soon as the principal defaults. A guarantor, on the other hand, usually only becomes liable after the principal has failed to fulfill their obligations. Thus, while both provide security for a loan or obligation, their roles and responsibilities can differ.
The word for something owed to someone else is "debt." Debt refers to an obligation to pay money or provide services to another party, typically as a result of borrowing or an agreement. It can also encompass moral or social obligations.
5 years.
A no-year appropriation is available for new obligation without fiscal year limitation.
A no-year appropriation is available for new obligation without fiscal year limitation.
After the agency two-digit prefix for a no-year appropriation, there is typically a four-digit appropriation code that specifies the particular program or purpose of the funds. This is followed by a suffix that may indicate the type of funding or account, which varies by agency. No-year appropriations allow for the funds to remain available for obligation indefinitely, rather than being tied to a specific fiscal year.
Ash Wednesday is not a holy day of obligation. The faithful are usually reminded that day that their bodies are ash. They are encouraged to a better conversion and to live better Christian lives.
1.PuRe oBliGAtIon 2.cOnDItIonAl oBligAtiOn 3.oBliGatIon wItH a pErIod4.aLtErnAtiVe obLIgAtiOn 5.facultatIve oBliGatIon 6.jOiNt oBliGatIon7.sOlIdAry oBliGAtiOn 8.dIvIsiBle obLigAtion 9.inDiViSiBle oBLigAtion10.oBlIGatIOn wIth a pEnaL cODe
Obligation is extinguished by fulfilling the obligation as promised or as required.
A conditional obligation is obligation with a condition. ex... I will support your studies in college if Mr. A dies.
debt, obligation, duty, responsibilitydebt, obligation, duty, responsibilitydebt, obligation, duty, responsibilitydebt, obligation, duty, responsibility
A conditional obligation is an obligation that is only triggered if a certain condition or event occurs. This means that the obligation to perform or fulfill the duty is dependent on the specified condition being met. If the condition is not satisfied, the obligation may not need to be fulfilled.
Conversion of debentures refers to the process by which debenture holders can exchange their debentures for equity shares of the issuing company, often at a predetermined conversion ratio. Redemption, on the other hand, involves the repayment of the debenture's face value to the debenture holders at maturity or upon a specified date, without converting them into shares. Essentially, conversion changes the nature of the investment from debt to equity, while redemption involves settling the debt obligation in cash.
you just used the word obligation in that sentence