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Commitment letter

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 Terms: 14 Borrow, Call, Commitment, Commitment letter, Firm commitment lending, Lend, Lender, Loan, Money, Offer, Owe, Standby loan commitment, Term, Terms
Other Related Pages: Category: Lending_and_Credit Starting With: C
Semi Related Terms: 552 CLICK HERE TO VIEW
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