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OBLIGATIO

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Latin: In Roman law. The legal relation existing between two certain persons whereby one (the creditor) is authorized to demand of the other (the debtor) a certain performance which has a money value. In this sense oMigatio signifies not only the duty of the debtor, but also the right of the creditor. The fact establishing such claim and debt, as also the instrument evidencing it, is termed “obligation.” Mackeld. Rom. Law,

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