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Home > QFINANCE Dictionary > Definition of contractual obligation

Definition of

contractual obligation

Legal

course of action required by contract the legal duty to take a specific course of action, as imposed by a commercial contract or a contract of employment

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Definitions of ’contractual obligation’ and meaning of ’contractual obligation’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’contractual obligation’ and other financial terms with our online QFINANCE Financial Dictionary.

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