Outrageously Funny Search Suggestion Engine :: Superobligation

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What is the definition of Superobligation? 🙋

👉 In economics and finance, "superobligation" refers to a situation where an individual or entity is unable to fulfill its obligations due to unforeseen circumstances that prevent it from meeting them. This can occur in various contexts, such as when a company cannot meet its debt payments because of unexpected events like natural disasters, political instability, or economic downturns. In this scenario, the individual or entity may be able to negotiate with creditors or seek alternative sources of financing to make up for any shortfall,


superobligation

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