!. A social, legal, or moral requirement, such as a duty, contract, or promise, that compels one to follow or avoid a particular course of action. 2. The constraining power of a promise, contract, law, or sense of duty: I felt no obligation to offer my advice. 3. Law A document in which a person binds himself or herself to undertake or refrain from doing a particular act. 4. A debt instrument, such as a loan, mortgage, or bond. 5. The state, fact, or feeling of being indebted to another for a special service or favor received.
Leadership Advocate and Co-Founder of the Goldzone Group. I help leaders to master the new rules of leadership for the new economy. Over the past 30 years, I have visited over 500 cities in 54 countries to explore, learn from, and help many of the world’s leading companies, leaders, and luminaries in the fields of science, technology, health, finance, entrepreneurship, and leadership.