State, 11 Ark. 491; Atchison St. It. Co. v. Missouri Pac. R. Co.. 31 Kan. 661, 3 Pac. 284; Orr v. Quimby, 54 N. H. 613. 7. In the law of contracts, an obligation ; a deed, whereby the obligor acknowledges himself to owe to the obligee a certain sum of money or some other thing. It may be indented or poll, and with or without a penalty.