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promise definition - legal

n

An avowal to do something or to refrain from doing something, conveyed in such a way as to assure another that it will be done, and that can be considered binding.
gratuitous promise
A promise made without expectation of compensation; one not supported by consideration.
illusory promise
An agreement cloaked in terms that make it appear to be a promise, but not actually committing anything to anybody; for example, “I’ll back you up as long as it’s in my interest to do so.” The person who made that promise is not obligated to do anything.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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