Psalm 119:133-134 uses two more words for the Torah: promises (imra) and precepts (piqud). Imra can mean “word” but “promissory word” is a little better. Implications are obvious: Torah is promissory word and preceptual word in order to guide the behavior of God’s people.
If the statutes of v. 129 generate wonder and the words provide light (v. 130) and the commandments create longing (v. 131-132), then the promises create guidance (v. 133) and the precepts guidelines for behavior (v. 134).
Torah is guidance — read it, listen to it, and learn from it. What we learn is how to live — how to love others, how to work for justice, and how to bring peace.