Commitment and Contracting

noun

• The trait of sincere and steadfast fixity of purpose.
  • usage: "a man of energy and commitment"
  • synonyms: committedness
• The act of binding yourself (intellectually or emotionally) to a course of action.
  • usage: "his long commitment to public service"; "they felt no loyalty to a losing team"
  • synonyms: allegiance, loyalty, dedication
• An engagement by contract involving financial obligation.
  • usage: "his business commitments took him to London"
• A message that makes a pledge.
  • synonyms: dedication
• The official act of consigning a person to confinement (as in a prison or mental hospital. ).
  • synonyms: committal, consignment

• (n.) The act of referring or intrusting to a committee for consideration and report; as, the commitment of a petition or a bill.
• (n.) The act of committing or putting in charge, keeping or trust; consignment; especially, the act of committing to prison.
• (n.) A doing or perpetration, in a bad sense, as of a crime or blunder; commission.
• (n.) A warrant or order for the imprisonment of a person; -- more frequently termed a mittimus.
• (n.) The act of pledging or engaging; the act of exposing, endangering or compromising; also, the state of being pledged or engaged.

Commitment is a promise by a lender to make a loan on specific terms or conditions to a borrower or builder. A promise by an investor to purchase mortgages from a lender with specific terms or conditions. An agreement, often in writing, between a lender and a borrower to loan money at a future date subject to the completion of paper work or compliance with stated conditions.

noun

• Becoming infected.
  • usage: "catching cold is sometimes unavoidable"; "the contracting of a serious illness can be financially catastrophic"
  • synonyms: catching

verb

• Enter into a contractual arrangement.
  • synonyms: contract, undertake
• Engage by written agreement.
  • usage: "They signed two new pitchers for the next season"
  • synonyms: sign, contract, sign on, sign up
• Squeeze or press together.
  • usage: "she compressed her lips"; "the spasm contracted the muscle"
  • synonyms: compress, constrict, squeeze, compact, contract, press
• Be stricken by an illness, fall victim to an illness.
  • usage: "He got AIDS"; "She came down with pneumonia"; "She took a chill"
  • synonyms: contract, take, get
• Become smaller or draw together.
  • usage: "The fabric shrank"; "The balloon shrank"
  • synonyms: shrink, contract
• Make smaller.
  • usage: "The heat contracted the woollen garment"
  • synonyms: contract
• Compress or concentrate.
  • usage: "Congress condensed the three-year plan into a six-month plan"
  • synonyms: condense, concentrate, contract
• Make or become more narrow or restricted.
  • usage: "The selection was narrowed"; "The road narrowed"
  • synonyms: narrow, contract
• Reduce in scope while retaining essential elements.
  • usage: "The manuscript must be shortened"
  • synonyms: abridge, foreshorten, abbreviate, shorten, cut, contract, reduce