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mandatory

   Also found in: Dictionary/thesaurus, Medical, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.

Peremptory; obligatory; required; that which must be subscribed to or obeyed.

Mandatory statutes are those that require, as opposed to permit, a particular course of action. Their language is characterized by such directive terms as "shall" as opposed to "may." A mandatory provision is one that must be observed, whereas a directory provision is optional.

An example of a mandatory provision is a law that provides that an election judge must endorse his or her initials on a ballot.


mandatory adj., adv. absolutely demanded or required.


mandatory adjective binding, bounden, called for, coercive, commanded, commanding, compulsory, decreed, demanded, essential, exigent, imperative, incumbent on, indispensable, involuntary, necessary, necessitous, obligatory, ordained, peremptory, prerequisite, prescribed, pressing, required, requisite, urgent, vital, without appeal, without choice
Associated concepts: mandatory injunction, mandatory reeief, mandatory sentence, mandatory statutory provisions
See also: binding, compulsory, conclusive, decretal, determinative, essential, exigent, imperative, indispensable, inevitable, involuntary, necessary, obligatory, peremptory, positive, requisite, unavoidable


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Ithmaar Bank chairman Khalid Abdulla Janahi announced that the bank intends, as part of its capital-raising exercise, to offer a rights issue and launch a five-year mandatory convertible sukuk, the Islamic equivalent of mandatory convertible bond issue.
18 (BNA) -- ITHMAAR BANK PLANS TO RAISE UP TO 500 MILLION DOLLARS THROUGH A COMBINATION OF A RIGHTS ISSUE, A MANDATORY CONVERTIBLE SUKUK AND AN EQUITY LINE OF CREDIT, OFFICIALS ANNOUNCED YESTERDAY AND PUBLISHED BY THE GULF DAILY NEWS.
Through a combination of a rights issue, a mandatory convertible sukuk and an equity line of credit, the Islamic lender is to boost its liquidity position, said chairman Khalid Abdulla Janahi.
 
 
 
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