Verbindlichkeits
Verbindlichkeits is a German term formed from verbindlich (binding, obligatory). In standard usage the core noun is Verbindlichkeit, meaning the quality of being binding or the binding force of a commitment. Verbindlichkeits- is primarily a bound morpheme found in technical compounds and is not commonly used as an independent noun in everyday language. The plural Verbindlichkeiten is used in many contexts to denote multiple obligations or liabilities.
In law and contract practice, Verbindlichkeit refers to the legally enforceable nature of a contract or obligation.
In accounting and finance, the plural Verbindlichkeiten denotes liabilities—amounts a company owes to others, such as
In ethics and normative theory, Verbindlichkeit describes the binding force of norms, rules, or moral duties.
See also Verbindlichkeit and Verbindlichkeiten for related concepts. Etymology: Verbindlichkeits- occurs mainly as a stem in