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Standby commitment |
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Standby 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.Standby commitment Similar MatchesProduction flow commitmentProduction flow commitmentAn agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches. 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. Loan commitmentLoan commitmentAssurance by a lender to make money available to a borrower on specific terms in return for a fee. Advance commitmentAdvance commitmentA 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. 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 SuggestionsCommitment feeTake Out Commitment Commitment Specific commitment |
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