PROMISOR Meaning and
Definition
-
A promisor is a legal term that refers to a person or party who makes a promise to fulfill certain obligations or responsibilities in a contractual agreement. Generally, this term is used in the context of contract law to define the individual or entity that makes a promise to perform or deliver something of value to another party, known as the promisee.
The promisor voluntarily enters into a contractual relationship and assumes the obligation to fulfill their promised duties or obligations. They are legally bound to carry out the terms and conditions of the contract and are therefore liable for any breach of these obligations. The promisor has the responsibility of ensuring that they fulfill their promises in a timely manner and meet the agreed-upon terms.
In contract law, the promisor's role is critical as their promise forms the basis of the agreement, creating a legitimate expectation for the promisee to rely upon. Moreover, the promisor's commitment allows the promisee to seek legal remedies in the event of a breach, such as suing for damages or specific performance.
It is important to note that the term "promisor" is often used interchangeably with other terms such as "obligor" or "contracting party." However, the underlying concept remains the same, emphasizing the individual or entity that has made a binding promise in a contractual relationship.
Common Misspellings for PROMISOR
- oromisor
- lromisor
- -romisor
- 0romisor
- peomisor
- pdomisor
- pfomisor
- ptomisor
- p5omisor
- p4omisor
- primisor
- prkmisor
- prlmisor
- prpmisor
- pr0misor
- pr9misor
- pronisor
- prokisor
- projisor
- promisos
Etymology of PROMISOR
The word "promisor" originated from the verb "promise" and traces its etymology back to Latin. The Latin word "promittere" serves as the root for both "promise" and "promisor". "Promittere" is formed by combining the prefix "pro-" (meaning forward, before) with the verb "mittere" (meaning let go, send forth). Thus, "promittere" conveys the idea of sending something forth before, or making a commitment for the future. Over time, "promissor" emerged in Old French and eventually evolved into "promisor" in English, both referring to someone who makes a promise or gives assurance.
Similar spelling words for PROMISOR
- primus,
- premise,
- promiscuity,
- promised,
- premiss,
- promise,
- promisingly,
- promisee,
- promissory,
- promiscuous,
- promissary,
- promising,
- promiser,
- premises.
Infographic
Add the infographic to your website:
