Promisor: meaning, definitions and examples

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promisor

 

[ หˆprษ’mษชsษ™r ]

Noun
Context #1 | Noun

legal term

A promisor is a person who makes a promise or agreement with another party. The promisor is the one who is obligated to fulfill the terms of the promise.

Synonyms

contractor, guarantor, obligor.

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Word Description / Examples
promisor

Used in legal settings to refer to a person who makes a promise or commitment to another party. Generally, it is neutral and formal in tone.

  • The promisor agreed to deliver the goods by the end of the month.
  • As a promisor, you are legally obliged to fulfill the terms of the contract.
obligor

Used in legal and financial contexts to refer to a person or entity that is bound to another party by a contract or debt. This term is formal and neutral.

  • The obligor must repay the loan within five years.
  • In this agreement, the obligor is responsible for all damages.
contractor

Typically used in business and construction contexts to refer to a person or company hired to perform specific tasks or complete a project. This term is neutral.

  • We hired a contractor to renovate the kitchen.
  • The contractor submitted a bid for the new building project.
guarantor

Used in financial or legal scenarios to refer to someone who guarantees to pay back a loan or fulfill an obligation if the primary party fails to do so. This term is neutral.

  • She agreed to be a guarantor for her friend's car loan.
  • The bank requires a guarantor for this type of loan.

Examples of usage

  • The promisor agreed to pay the promissee $1000 in exchange for the delivery of the goods.
  • If the promisor fails to fulfill their promise, they may be held liable for breach of contract.
  • The promisor must act in good faith and fulfill their obligations as outlined in the agreement.

Translations

Translations of the word "promisor" in other languages:

๐Ÿ‡ต๐Ÿ‡น promitente

๐Ÿ‡ฎ๐Ÿ‡ณ เคชเฅเคฐเฅ‰เคฎเคฟเคธเคฐ

๐Ÿ‡ฉ๐Ÿ‡ช Versprechender

๐Ÿ‡ฎ๐Ÿ‡ฉ penjanjian

๐Ÿ‡บ๐Ÿ‡ฆ ะพะฑั–ั†ััŽั‡ะธะน

๐Ÿ‡ต๐Ÿ‡ฑ przyrzekajฤ…cy

๐Ÿ‡ฏ๐Ÿ‡ต ็ด„ๆŸใ™ใ‚‹ไบบ (ใ‚„ใใใใ™ใ‚‹ใฒใจ)

๐Ÿ‡ซ๐Ÿ‡ท promettant

๐Ÿ‡ช๐Ÿ‡ธ promitente

๐Ÿ‡น๐Ÿ‡ท vaat eden

๐Ÿ‡ฐ๐Ÿ‡ท ์•ฝ์†ํ•˜๋Š” ์‚ฌ๋žŒ (yaksokhaneun saram)

๐Ÿ‡ธ๐Ÿ‡ฆ ุงู„ูˆุงุนุฏ

๐Ÿ‡จ๐Ÿ‡ฟ slibujรญcรญ

๐Ÿ‡ธ๐Ÿ‡ฐ sฤพubujรบci

๐Ÿ‡จ๐Ÿ‡ณ ๆ‰ฟ่ฏบ่€… (chรฉngnuรฒ zhฤ›)

๐Ÿ‡ธ๐Ÿ‡ฎ obljubljajoฤi

๐Ÿ‡ฎ๐Ÿ‡ธ loforรฐandi

๐Ÿ‡ฐ๐Ÿ‡ฟ ัƒำ™ะดะต ะฑะตั€ัƒัˆั–

๐Ÿ‡ฌ๐Ÿ‡ช แƒ“แƒแƒžแƒ˜แƒ แƒ”แƒ‘แƒ˜แƒก แƒ›แƒแƒ›แƒชแƒ”แƒ›แƒ˜ (dapirebis momtsemi)

๐Ÿ‡ฆ๐Ÿ‡ฟ vษ™d edษ™n

๐Ÿ‡ฒ๐Ÿ‡ฝ promitente

Etymology

The term 'promisor' originated from the Latin word 'promissor', which means 'one who promises'. In legal contexts, the concept of a promisor has been recognized for centuries as a key party in contractual agreements. The role of the promisor is essential in ensuring the enforcement of promises and agreements in various legal systems.

See also: promise, promised, promiser, promises, promising.