Commitment

 

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Commitment

A promise by a lender to make a loan with specific terms for a specified period.



Commitment

Similar Matches

Take Out Commitment

Take Out Commitment

Agreement by a lender to place a long term (take out) loan on real property after completion of construction.


Advance commitment

Advance commitment

A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately.


Specific commitment

Specific commitment

Under the GATS, the identification of a category of services in which a country will apply national treatment and assure market access for foreign service providers.


Loan commitment

Loan commitment

Assurance by a lender to make money available to a borrower on specific terms in return for a fee.


Loan commitment

Loan commitment

A promise by a lender or other financial institution to make or insure a loan for a specified amount and on specific terms.


Further Suggestions

Firm commitment underwriting
Standby commitment
Production flow commitment
Commitment fee


 
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