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Commitment |
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CommitmentA promise by a lender to make a loan with specific terms for a specified period.Commitment Similar MatchesStandby commitmentStandby commitmentAn agreement between a corporation and investment firm that the firm will purchase whatever part of a stock issue that is offered in a rights offering that is not subscribed to in the two- to four- week standby period. Firm commitment underwritingFirm commitment underwritingAn underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares. Commitment feeCommitment feeThe fee a lender charges for promising to make a loan. Take Out CommitmentTake Out CommitmentAgreement by a lender to place a long term (take out) loan on real property after completion of construction. Loan commitmentLoan commitmentA promise by a lender or other financial institution to make or insure a loan for a specified amount and on specific terms. Further SuggestionsLoan commitmentAdvance commitment Production flow commitment Specific commitment |
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