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An obligation is a course of action which someone is required to take, be it a legal obligation or a moral obligation.Obligations are constraints; they limit freedom.People who are under obligations may choose to freely act under obligations.
In finance, a bond is a type of security under which the issuer owes the holder a debt, and is obliged – depending on the terms – to provide cash flow to the creditor (e.g. repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. [1]
Sukuk (Arabic: صكوك, romanized: ṣukūk; plural [a] of Arabic: صك, romanized: ṣakk, lit. 'legal instrument, deed, cheque') is the Arabic name for financial certificates, also commonly referred to as "sharia compliant" bonds.
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It is a notion that students must master the lower level skills before they can engage in higher-order thinking. However, the United States National Research Council objected to this line of reasoning, saying that cognitive research challenges that assumption, and that higher-order thinking is important even in elementary school.
Netflix stock (NFLX) closed at a fresh record every day this past week, with shares securing their biggest weekly gain since January — and they could keep soaring. A growing number of analysts ...
In an open letter, seven United States senators are asking the U.S. Environmental Protection Agency (EPA) to do what dozens of countries have already done and ban the toxic weedkiller paraquat ...