Promisor Meaning: Definition, Examples, and Translations

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promisor

[ˈprɒmɪsər ]

Definition

^{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.

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. 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

To see the translation, please select a language from the options available.

Interesting Facts

Law

In contracts, the promisor is the one who commits to performing a specific action or duty.
The concept of consideration, or something valuable exchanged, is central to understanding the role of a promisor in legal agreements.
Promises can be legally binding if they meet specific criteria, ensuring fairness in transactions.

Psychology

Making promises involves social and emotional factors, connecting trust and accountability between individuals.
Psychological studies suggest that keeping promises enhances relationships and builds mutual respect.
Breaking a promise can lead to feelings of guilt and damage trust, highlighting the importance of reliability.

Pop Culture

In movies and literature, the theme of promises often drives plots, where characters face the consequences of failing to keep them.
Songs often explore the emotional weight of promises, illustrating their impact on love and friendship.
Social media has created new dynamics in promises, where public declarations can lead to greater accountability.

Origin of 'promisor'

Main points about word origin

The word comes from the Latin 'promittere,' meaning to send forth or promise.
It entered Middle English around the 14th century, showing how promises have always been important in society.
In legal terms, it's tied to obligations, indicating someone who agrees to fulfill a duty.

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.