precommitment

noun

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

Examples of precommitment in a Sentence

Recent Examples on the Web Academics who study the messy interplay between psychology and personal finance have landed on a simple strategy that can help prevent a return to freer-spending ways: precommitment. Star Tribune, 23 Jan. 2021

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'precommitment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1855, in the meaning defined above

Time Traveler
The first known use of precommitment was in 1855

Dictionary Entries Near precommitment

Cite this Entry

“Precommitment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/precommitment. Accessed 15 Apr. 2024.

Love words? Need even more definitions?

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