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The Clue

Binding contract (10 letter answer)

The Answer

OBLIGATION

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Notes

The answer OBLIGATION is so rare that it appears less than once every 2500 puzzles.

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A must-do

Definition

OBLIGATION as a noun:

1. (duty, responsibility, obligation) = the social force that binds you to the courses of action demanded by that force; "we must instill a sense of duty in our children"; "every right implies a responsibility; every opportunity, an obligation; every possession, a duty"- John D.Rockefeller Jr
2. the state of being obligated to do or pay something; "he is under an obligation to finish the job"
3. (obligation, indebtedness) = a personal relation in which one is indebted for a service or favor
4. a legal agreement specifying a payment or action and the penalty for failure to comply