Undertaking

An undertaking is a formal promise or commitment made by a person or organization to do or refrain from doing something. It often involves a written statement showing they accept certain conditions or responsibilities, and it can be used in legal, business, or official contexts. Essentially, it's a guarantee to fulfill specific obligations, and if they don't, they may face legal consequences. Undertakings help ensure parties are clear about their commitments and provide a statement of intent that can be relied upon by others.