TERMIUM Plus®

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INDETERMINATE OBLIGATION [2 records]

Record 1 2009-02-11

English

Subject field(s)
  • Law of Obligations (civil law)
  • Law of Contracts (common law)
DEF

An obligation that is not specific in amount or form, or is subject to being changed by a third party.

CONT

An indeterminate obligation is one where the obligor binds himself to deliver one of a certain species; as to deliver a horse, the delivery of any horse will discharge the obligation.

French

Domaine(s)
  • Droit des obligations (droit civil)
  • Droit des contrats (common law)
CONT

En matière d'obligation à durée indéterminée, on doit semble-t-il considérer que c'est une nouvelle obligation qui est née à chaque échéance. La solution ne s'impose pas avec évidence mais elle seule permet de préserver les intérêts de la caution qui ne sera pas tenue, dans cette hypothèse, pour les échéances postérieures à la résiliation.

Spanish

Save record 1

Record 2 1997-01-23

English

Subject field(s)
  • Government Accounting
DEF

A commitment that will require a series of payments or settlement actions over an indeterminate period of time. An example is the obligation to make monthly payments for telephone service.

French

Domaine(s)
  • Comptabilité publique
DEF

Engagement qui nécessite une série de versements ou de règlements au cours d'une période indéterminée. Citons, par exemple, l'obligation d'effectuer des paiements mensuels pour le service téléphonique.

Spanish

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