creation of obligation

英 [kriˈeɪʃn ɒv ˌɒblɪˈɡeɪʃn]

美 [kriˈeɪʃn əv ˌɑːblɪˈɡeɪʃn]

债的发生；债权的设定

That is why swine flu produced an exaggerated response but no action was taken to restrain the credit boom ( the creation of a new collateralised debt obligation was never newsworthy).
这便是为何猪流感引发了夸张的回应、而人们却未采取任何行动来遏制信贷繁荣（新债务抵押债券（CDO）的创建从未成为具有新闻价值的事件）。
In traditional theory of contract law, the creation of contractual obligation is according to regulation by law and engagement by the parties, except which there is no any obligation or liability between the parties.
传统的合同法理论认为，合同关系中义务产生的依据是法律规定与合同约定，除此之外，当事人之间没有任何权利义务关系，彼此不承担违约责任。
Civil law countries also have the similar Requirements with the insurers 'illustrate obligation. Although the Insurance Law in China started late, but provided the creation of "the insurers' illustrate obligation" and In the tradition.
大陆法系国家也都具有与保险人说明义务制度相似的规定。我国保险法虽然起步较晚，但创设性地规定了保险人说明义务。