loan commitment
loan
commitment Finance Definition
A written commitment that obligates the lender to
provide a certain amount of funds at a specific interest rate for a limited
time period. Typically, loan commitments have an expiration date. A commitment
fee may be charged.
Browse dictionary entries near loan commitment
- loan-loss reserves
- loan shark
- loan-sharking
- loan-to-value ratio
- loan translation
- loan value
- loanable
- loaned
- loaner
- loanshift
