obligation

For an investor such as an insurance company, with long-term obligations, that helps with the so-called duration of their portfolios.

Slowing productivity growth, together with growing government obligations, could force policymakers to make difficult decisions around taxation, public spending, and entitlement outlays, Vanguard’s Schickling says.

Manufacturers are under no obligation to disclose this information.

“I felt an obligation to be financially stable because my parents aren’t always that stable,” says Zheng, now a college student studying finance and accounting.

They don’t affect External link its day-to-day operations, ability to conduct monetary policy, or meet its financial obligations.