Definition, Meaning & Synonyms
promissor
Noun
pruh-MIS-er
Definition
A promissor is an individual or entity that makes a promise or enters into a contract to do something for another party.
Examples
- The promissor must fulfill their obligations as outlined in the contract.
- In the agreement, the promissor was required to deliver the goods by the end of the month.
Meaning
In legal terms, the promissor is the party who pledges or agrees to fulfill an obligation or service as specified in a contractual agreement.
Synonyms
- Obligor
- Contractor
- Guarantor
