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firm commitment

A written agreement a lender makes to loan money for the purchase of property.

Related information about firm commitment:
  1. Firm Commitment Definition | Investopedia
    1. A lending institution's promise to enter into a loan agreement with a specific entity within a certain period of time. 2. An underwriter's agreement to assume all ...
     
  2. Firm Commitment - Financial Dictionary - The Free Dictionary
    An agreement between the issuer of a security and its underwriters stating that the underwriters are responsible for any unsold portion of the issue. That is, the ...
     
  3. What is firm commitment? definition and meaning
    Definition of firm commitment: Oral or written commitment under which a party voluntarily binds itself to a certain offer or performance of an act for a specified ...
     
  4. What is firm commitment offering? definition and meaning
    Definition of firm commitment offering: An arrangement in which an underwriter assumes the risk of bringing a new securities issue to market, by buying the issue ...
     
  5. Underwritings: Firm Commitment vs. Best Efforts | Russell L. Forkey ...
    What is the difference between a "firm commitment" and a "best efforts underwriting? A lot. So much so that it could have a material impact on the success of the ...
     
  6. Firm Commitment: Definition from Answers.com
    Lending: term used by lenders to refer to an agreement to make a loan to a specific borrower within a specific period of time and, if applicable, on a.
     
  7. Underwriting contract - Wikipedia, the free encyclopedia
    In the firm commitment contract the underwriter guarantees the sale of the issued stock at the agreed-upon price. For the issuer, it is the safest but the most ...
     
  8. firm commitment Definition | Business Dictionaries from AllBusiness ...
    Firm commitment underwriting is to be distinguished from conditional arrangements for distributing new securities, such as standby commitments and best efforts ...