loan commitment

Definition

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.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

commitment fee -

credit - More

Popular 'Lending & Credit' Terms

equity
triple net lease
leverage
interest rate
amortization

security
accounts receivable
quick ratio
financial leverage
accounts payable

loan commitment in the news

Tools

loan commitment is ...

... part of the Lending & Credit subject.

Nearby Terms

load spread option
load-adjusted return
loading
loan
loan amortization
loan commitment
loan consent agreement
loan crowd
loan note
loan officer
loan origination fee

Search volume for loan commitment

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice