precommitment

noun
pre·​com·​mit·​ment | \ ˌprē-kə-ˈmit-mənt How to pronounce precommitment (audio) \
variants: or pre-commitment
plural precommitments or pre-commitments

Definition of precommitment

: a commitment (such as a commitment to do or provide something) made in advance … intends to raise approximately … 15 million [euros] through a public rights offering, of which … 10 million has already been secured via precommitments from certain existing shareholders and new investors.Key Pharma News

First Known Use of precommitment

1855, in the meaning defined above

Keep scrolling for more

Learn More about precommitment

Time Traveler for precommitment

Time Traveler

The first known use of precommitment was in 1855

See more words from the same year

Statistics for precommitment

Cite this Entry

“Precommitment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/precommitment. Accessed 10 Aug. 2020.

Comments on precommitment

What made you want to look up precommitment? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

Original Meanings Quiz

  • rembrandt painting a young scholar and his tutor
  • Which of the following is the earliest known sense of the word awe?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Add Diction

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!