Obligers
Obligers are individuals or entities that have a moral or legal responsibility to fulfill a duty, commitment, or promise. They are bound by an obligation to act in a certain way, whether it be to provide services, pay debts, or adhere to specific rules. The scope of obligation can vary greatly, encompassing financial liabilities, contractual agreements, social expectations, or ethical imperatives. Essentially, an obliger is someone who bears the burden of upholding a specific requirement imposed by another person, law, or system, ultimately acting in a manner true to their obligation.
Obligers meaning with examples
- The company, as an obliger to its shareholders, was legally bound to provide quarterly financial reports, detailing its performance and profits to keep investors fully informed. The company had a legal and financial commitment that it needed to uphold. This was essential to the stability and sustainability of the firm. Otherwise, their reputation could suffer greatly.
- As parents and obligers for their child's well-being, the couple prioritized their child's education by enrolling them in a prestigious school and ensuring that they had access to the required resources. They made sacrifices to provide their children with the best chances to excel. Their commitment was a demonstration of how important their child's future was.
- The government, as an obliger to its citizens, implemented a new healthcare system, making sure that healthcare was accessible to all in need, and the financial burden could be sustained and shared by all. Their main goal was the well-being of the citizens, thus fulfilling a social contract and duty. This was the fundamental role of a government.
- The charity, as an obliger to its donors, diligently used the funds raised for its intended purpose, providing aid to those suffering from natural disasters, and the needs of the unfortunate, and it provided complete transparency regarding its expenditures, including its allocation of resources. The charity's success hinged on trust and accountability.