1. a commitment made in advance to restrict one’s future choices or actions
Usage: often used in economics and psychology

Examples

• She made a precommitment to save 20% of her salary each month.
• The precommitment device helped him stick to his diet plan.
• Automatic retirement contributions are a form of precommitment.
• The company’s precommitment to environmental standards guided their decisions.
• His precommitment to exercise every morning kept him motivated.
• The precommitment strategy prevented impulsive spending decisions.