promisor

A promisor is a person who makes a promise to a promisee, typically as part of a contractual agreement. If the contract is enforceable, the promisor has a legal obligation to fulfill the terms of the promise 

[Last reviewed in July of 2025 by the Wex Definitions Team]

Keywords

• contracts

Wex

• COMMERCE
• business law
• contracts
• wex definitions