👉 In finance, "pre-obliged" refers to a situation where an individual or entity is obligated to pay back their debt in the future. This term is used when someone owes money and has not yet paid it off, but they have already agreed to repay the debt in the future. This can happen for various reasons such as a misunderstanding of terms, a lack of financial planning, or a change in circumstances that makes it more reasonable to pay back the debt.
