How to say "obligation, commitment" in Russian?

Обязательство

"obligation, commitment" is Обязательство in Russian.

Обязательство means "obligation, commitment" in English.

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Word #2746 of 4,000 by frequency in Russian — level B2.

Example

Компания взяла на себя новое обязательство по контракту.

The company took on a new obligation under the contract.