Accounting dictionary. 2014.
commitment fee — England, Wales commitment fee, Also known as commitment commission. A fee payable by the borrower to the lender under a loan agreement calculated by reference to the amount of the undrawn and uncancelled loan during the availability period. In a… … Law dictionary
Commitment fee — A fee paid to a commercial bank in return for its legal commitment to lend funds that have not yet been advanced. The New York Times Financial Glossary * * * commitment fee commitment fee ➔ fee * * * A fee paid by a borrower for a lender s… … Financial and business terms
Commitment Fee — A fee lenders charge their borrowers for unused credit or credit that has been promised at a specified future date. A commitment fee is different from interest; although, the two are often confused. A lender charges a borrower a commitment fee to … Investment dictionary
commitment fee — fee paid to receive an extension of credit … English contemporary dictionary
commitment fee — An amount charged by a bank to keep open a line of credit or to continue to make unused loan facilities available to a potential borrower. See firm commitment … Big dictionary of business and management
commitment fee — Amount paid to lender by borrower for loan commitment in addition to interest. Such are common in real estate transactions … Black's law dictionary
commitment fee — Amount paid to lender by borrower for loan commitment in addition to interest. Such are common in real estate transactions … Black's law dictionary
commitment fee — /kə mɪtmənt fi:/ noun a fee paid to a bank which has arranged a line of credit which has not been fully used … Dictionary of banking and finance
commitment commission — England, Wales commitment fee, Also known as commitment commission. A fee payable by the borrower to the lender under a loan agreement calculated by reference to the amount of the undrawn and uncancelled loan during the availability period. In a… … Law dictionary
commitment — n 1: an act of committing: as a: placement in or assignment to a prison or mental hospital petition for commitment compare incompetent, interdiction ◇ Commitment to a mental health facility is called … Law dictionary
