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

Standby commitment

Standby commitment

An 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.


Loan commitment

Loan commitment

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


Commitment fee

Commitment fee

The fee a lender charges for promising to make a loan.


Production flow commitment

Production flow commitment

An agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches.


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

Take Out Commitment
Specific commitment
Firm commitment underwriting
Advance commitment


 
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