Promisor: meaning, definitions and examples
๐ฌ
promisor
[ หprษmษชsษr ]
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.
Which Synonym Should You Choose?
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.
|
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.
|
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.
|
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.
|
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:
๐ต๐น promitente
๐ฎ๐ณ เคชเฅเคฐเฅเคฎเคฟเคธเคฐ
๐ฉ๐ช Versprechender
๐ฎ๐ฉ penjanjian
๐บ๐ฆ ะพะฑัััััะธะน
๐ต๐ฑ przyrzekajฤ cy
๐ฏ๐ต ็ดๆใใไบบ (ใใใใใใใฒใจ)
๐ซ๐ท promettant
๐ช๐ธ promitente
๐น๐ท vaat eden
๐ฐ๐ท ์ฝ์ํ๋ ์ฌ๋ (yaksokhaneun saram)
๐ธ๐ฆ ุงููุงุนุฏ
๐จ๐ฟ slibujรญcรญ
๐ธ๐ฐ sฤพubujรบci
๐จ๐ณ ๆฟ่ฏบ่ (chรฉngnuรฒ zhฤ)
๐ธ๐ฎ obljubljajoฤi
๐ฎ๐ธ loforรฐandi
๐ฐ๐ฟ ัำะดะต ะฑะตัััั
๐ฌ๐ช แแแแแ แแแแก แแแแชแแแ (dapirebis momtsemi)
๐ฆ๐ฟ vษd edษn
๐ฒ๐ฝ 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.