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单词 commitment letter
释义

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commitment letter
commitment letter n. Finance a contractual letter in which a lender formally offers to make a loan to a potential borrower.
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1937 New Albany (Indiana) Ledger 3 Dec. 1/1 Reed H. Kelso.., Saturday awaited official notification from the Federal Housing Authority's approval for a $30,000 loan... Mr Kelso stated that plans..would get under way as soon as the FHA commitment letter is received.
1967 Financial Times 8 Feb. 16/3 (advt.) Material contracts... Commitment letters..relating to the provision of short-term finance for the Albion group.
2011 A. L. Bailey Finding Uncommon Deal i. ii. 42 Until a commitment letter has been issued, signed by you, and returned to the lender, the bank can withdraw any promise to fund the loan at any time.
extracted from commitmentn.
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更新时间:2024/12/23 20:19:10