English translation: the right to financially engage the Bank
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the right to set up legally and financially binding agreements as a representative of the bank/ on b
Explanation: Main Entry: 1ob·li·gate Pronunciation: \ˈä-blə-ˌgāt\ Function: transitive verb Inflected Form(s): ob·li·gat·ed; ob·li·gat·ing Etymology: Latin obligatus, past participle of obligare Date: 1533 1 : to bind legally or morally : CONSTRAIN 2 : to commit (as funds) to meet an obligation