Commitment

Business / Finance / Commitment: A firm that buys and sells futures contracts for customer accounts. Related: futures commission merchant, omnibus account.

Loan Approval-Commitment

Business / Loan / Loan Approval-Commitment: A lender's agreement to make a loan on particular terms, including interest rate, fees and charges. MORE

Firm Commitment Underwriting

Business / Finance / Firm Commitment Underwriting: Refers to an order to buy or sell that can be executed without confirmation for some fixed period. Also, a synonym for company. MORE

Advance Commitment

Business / Finance / Advance Commitment: A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately. MORE

Loan Commitment

Business / Finance / Loan Commitment: Assurance by a lender to make money available to a borrower on specific terms in return for a fee. MORE

Commitment Fee

Business / Finance / Commitment Fee: Describes a trader's obligation to accept or make delivery on a futures contract. Related: Open interest. MORE

Production-Flow Commitment

Business / Finance / Production-Flow Commitment: An agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches. MORE

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