firm commitment
Unbreakable word given
A firm commitment is a definite promise or pledge that won't waver—stronger than a tentative agreement but short of a legal contract.
In finance, it specifically means an underwriter's guarantee to purchase all unsold securities in an offering: The bank made a firm commitment to buy the remaining shares.
More generally, it signals serious intent: We need a firm commitment before we proceed.
- pledgeBinding promise given
- promiseCommitment to act
- pinky promiseInterlocking digit oath
- dedicationWholehearted loyalty to purpose
- vowSolemn personal commitment
blood oath · oath · handshake · resolve · no turning back · all in · determination · unwavering · steadfast · binding · contract · devoted · loyal · signed · in writing · signed and sealed · sealed · ironclad
- loyaltyloyalty, devotion, loyal, faithfulness, fidelity
- securitiessecurities, shares, equities, bonds, stocks
- securities regulationsecurities law, insider trading laws, securities fraud, insider trading, prospectus
firm commitmentvague intention
Unclear purpose to act
empty promise · hollow promise · false promise · lip service · broken promise
firm, firmly, firmness, firmer, firmest, infirm, infirmity, affirm, affirmation