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Commitment and Millstone

noun

  • The trait of sincere and steadfast fixity of purpose.
    • usage: "a man of energy and commitment"
  • 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"
  • An engagement by contract involving financial obligation.
    • usage: "his business commitments took him to London"
  • A message that makes a pledge.
  • The official act of consigning a person to confinement (as in a prison or mental hospital. ).

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

  • Figurative) something that hinders or handicaps. (
    • usage: "she was an albatross around his neck"
  • Any load that is difficult to carry.
  • One of a pair of heavy flat disk-shaped stones that are rotated against one another to grind the grain. .
(n.) One of two circular stones used for grinding grain or other substance.