fixed obligation
[FꞮKST əˈblɪɡeɪʃən]
nounpl: fixed obligations
obrigação fixa
1. A legal or financial duty that is predetermined, unchangeable, and must be fulfilled by a specific party within a set timeframe or conditions
The company has a fixed obligation to pay monthly rent of $5,000 to the landlord.
A empresa tem uma obrigação fixa de pagar $5.000 de aluguel mensal ao proprietário.
2. In law and finance, a binding commitment with clearly defined terms, amounts, and deadlines that cannot be altered unilaterally
Under the contract, the supplier has a fixed obligation to deliver products by the 15th of each month.
Sob o contrato, o fornecedor tem uma obrigação fixa de entregar produtos até o dia 15 de cada mês.
3. A debt or liability with fixed terms as opposed to contingent or variable obligations
The bond represents a fixed obligation that will be repaid with interest on maturity.
O título representa uma obrigação fixa que será reembolsada com juros no vencimento.
In both Brazilian and American business contexts, 'fixed obligation' is a critical legal and financial term used in contracts, accounting, and debt management. Brazilian companies frequently reference 'obrigações fixas' in financial statements and legal documentation. The concept is essential in understanding corporate liability and is commonly found in balance sheets, loan agreements, and commercial contracts across both cultures.
Related Idioms & Phrases
to honor a fixed obligation
to meet one's fixed obligations
to breach a fixed obligation
to assume a fixed obligation
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