Commitment and Will

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

• The capability of conscious choice and decision and intention."the exercise of their volition we construe as revolt- George Meredith
  • synonyms: volition
• A fixed and persistent intent or purpose.
  • usage: "where there's a will there's a way"
• A legal document declaring a person's wishes regarding the disposal of their property when they die.
  • synonyms: testament

verb

• Decree or ordain.
  • usage: "God wills our existence"
• Determine by choice.
  • usage: "This action was willed and intended"
• Leave or give by will after one's death.
  • usage: "My aunt bequeathed me all her jewelry"; "My grandfather left me his entire estate"
  • synonyms: bequeath, leave

• (adv.) As an auxiliary, will is used to denote futurity dependent on the verb. Thus, in first person, "I will" denotes willingness, consent, promise; and when "will" is emphasized, it denotes determination or fixed purpose; as, I will go if you wish; I will go at all hazards. In the second and third persons, the idea of distinct volition, wish or purpose is evanescent, and simple certainty is appropriately expressed; as, "You will go," or "He will go," describes a future event as a fact only. To emphasize will denotes (according to the tone or context) certain futurity or fixed determination.
• (n.) To enjoin or command, as that which is determined by an act of volition; to direct; to order.
• (v.) Strong wish or inclination; desire; purpose.
• (n.) To give or direct the disposal of by testament; to bequeath; to devise; as, to will one's estate to a child; also, to order or direct by testament; as, he willed that his nephew should have his watch.
• (v.) That which is strongly wished or desired.
• (v.) Arbitrary disposal; power to control, dispose or determine.
• (n.) To form a distinct volition of; to determine by an act of choice; to ordain; to decree.
• (v.i.) To exercise an act of volition; to choose; to decide; to determine; to decree.
• (adv.) To wish; to desire; to incline to have.
• (v.) The choice or determination of one who has authority; a decree; a command; discretionary pleasure.
• (v.) The choice which is made; a determination or preference which results from the act or exercise of the power of choice; a volition.
• (v.) The legal declaration of a person's mind as to the manner in which he would have his property or estate disposed of after his death; the written instrument, legally executed, by which a man makes disposition of his estate, to take effect after his death; testament; devise. See the Note under Testament, 1.
• (v.i.) To be willing; to be inclined or disposed; to be pleased; to wish; to desire.
• (v.) The power of choosing; the faculty or endowment of the soul by which it is capable of choosing; the faculty or power of the mind by which we decide to do or not to do; the power or faculty of preferring or selecting one of two or more objects.

Will is a will is a legal document you use to transfer assets you have accumulated during your lifetime to the people and institutions you want to have them after your death. The will also names an executor-the person or people who will carry out your wishes. You can leave those assets directly, or you can use your will to establish one or more trusts to receive the assets and distribute them at some point in the future. The danger of dying without a will is that a court in the state where you live will decide what happens to your assets. Their decision may not be what you would have chosen.

• English: Diminutive of William Resolute protector; will
• Teutonic, German: Form of William. resolute guardian
• American: From the name William