### Question
What does obligation mean?


### Answer
**Obligation** has the following meaning in *12 U.S.C. § 2282*:

> any note, bond, debenture, or other evidence of indebtedness, but does not include Federal Reserve notes or stock evidencing an ownership interest in the issuing Federal agency

#### Citation:
  - *12 U.S.C. § 2282*
  - Heading: **CHAPTER 24-FEDERAL FINANCING BANK**

