A humble and formal expression used to state that you are aware of or have understood certain information. It often implies acceptance and compliance with what has been communicated.
This phrase means "I understand." You use it in formal situations. It shows you accept what was said.
I understand that tomorrow's meeting is from 10 AM.
I understand that entry into this area is not permitted.
From the previous explanation, I had understood that there would be no changes to the specifications; is that correct?
I am aware that you are very busy, but I would be very grateful for your consideration.
Regarding the contract terms, I understand that there are no discrepancies from the details I was previously told.
This phrase means more than just 'I know'. It means you understand and agree to do something. It is like saying 'I got it, and I'm on it' in a very polite way. You use it to show you have heard, understood, and accepted a message.
This is different from '〜と認識しております' (to ninshiki-shite-orimasu). That means you just know a fact. This is also different from '〜と存じます' (to zonjimasu). That means you think something might be true. This phrase means you know and accept the information.
Don't use this when you talk about things everyone knows. For example, you wouldn't say "I know the sky is blue" with this phrase.
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