A formal offer by a lender making explicit the terms under which it agrees to lend money to a borrower over a certain period of time. also called standby loan commitment or commitment letter or firm commitment lending. also called loan commitment.
Related information about standby loan commitment:
- What is standby loan commitment? definition and meaning
Definition of standby loan commitment: A formal offer by a lender making explicit the terms under which it agrees to lend money to a borrower over a certain ...
- standby loan commitment
A formal offer by a lender, explicating the terms under which it agrees to lend...
- standby commitment Definition | Business Dictionaries from ...
The developer pays a standby fee to compensate the lender for making the standby loan commitment. At the completion of construction, the developer has the ...
- Loan Commitment - Business Finance
A loan commitment can also be called a standby loan commitment, commitment letter, or firm commitment lending. Search for sources of Loan Commitment and ...
- Standby Fee: Definition from Answers.com
The developer pays a standby fee to compensate the lender for making the standby loan commitment. At the completion of construction, the developer has the ...
- Standby Commitment Law & Legal Definition
... a standby period can be converted to mandatory commitment any time during the term of a standby. A standby fee is charged for standby loan commitment.
- Firm Commitment Definition | Investopedia
Also known as a "standby loan commitment". 2. In a firm commitment, underwriters act dealers and are responsible for any unsold inventory. The dealer profits ...
- Loan Commitment | Small Business Money
A loan commitment is also known as a standby loan commitment, a commitment letter or a firm commitment lending. VN:F [1.9.20_1166]. please wait... Rating: ...