direct commitments
[/dɪˈrɛkt kəˈmɪtmənts/]
nounpl: N/A (already plural)
compromissos diretos
1. Financial or contractual obligations that are explicitly undertaken by an entity with a specific counterparty without intermediaries
The bank's direct commitments to lend money to the corporation were documented in the loan agreement.
Os compromissos diretos do banco em emprestar dinheiro para a corporação foram documentados no contrato de empréstimo.
2. Explicit promises or undertakings made by one party to another to perform specific actions or provide specific resources
The government announced direct commitments to fund the infrastructure project without relying on private investors.
O governo anunciou compromissos diretos para financiar o projeto de infraestrutura sem contar com investidores privados.
3. In finance and banking, guaranteed obligations that an institution has assumed directly on its balance sheet
The company's direct commitments increased significantly after signing multiple long-term contracts.
Os compromissos diretos da empresa aumentaram significativamente após assinar múltiplos contratos de longo prazo.
This term is predominantly used in formal business, finance, and legal contexts in both Brazil and the United States. It reflects the importance of explicit, documented agreements in corporate and governmental dealings, where clarity and accountability are paramount. In Brazilian corporate environments, direct commitments are often emphasized in contracts to avoid ambiguity and ensure legal enforceability.
Related Idioms & Phrases
honor direct commitments - cumprir compromissos diretos
back direct commitments - respaldar compromissos diretos
assume direct commitments - assumir compromissos diretos
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