See Also: Tight money or dear money(finance)
commitment(dictionary)
Commitment(money)
Commitment Fee(money)
commitment(dictionary)
Commitment(finance)
self-commitment(medicine)
commitment(medicine)
commitment of mentally ill(medicine)
Forward Commitment(money)

Commitment Fee (money)


Definition: Charge exacted in advance by a lender as consideration for its undertaking to make a loan to a company. Fee may be nonrefundable or it may be credited upon the interest of the loan. Commitment fee isDefinition: not interest.