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The debit side of the current account includes the imports of
Irrevocable Oral Promise
A spoken commitment that cannot be canceled or revoked, legally binding under specific circumstances.
Legally Binding
Referring to an agreement or contract that is enforceable by law, obligating the parties involved to fulfill their respective parts of the agreement.
Promise to Donate
A commitment made by an individual or entity to give a gift, often monetary, to a nonprofit or charitable organization.
Illusory
Pertaining to something that is deceptive, misleading, or not based on reality; often used to describe agreements that lack a firm commitment.
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