Commitment fee
noun
1.
a charge made by a bank, in addition to interest, to make a loan available to a potential borrower
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- Commitments
[kuh-mit-muh nt] /kəˈmɪt mənt/ noun 1. the act of committing. 2. the state of being committed. 3. the act of committing, pledging, or engaging oneself. 4. a pledge or promise; obligation: We have made a commitment to pay our bills on time. 5. engagement; involvement: They have a sincere commitment to religion. 6. perpetration or […]
- Committable
[kuh-mit] /kəˈmɪt/ verb (used with object), committed, committing. 1. to give in trust or charge; consign. 2. to consign for preservation: to commit ideas to writing; to commit a poem to memory. 3. to pledge (oneself) to a position on an issue or question; express (one’s intention, feeling, etc.): Asked if he was a candidate, […]
- Committal
[kuh-mit-l] /kəˈmɪt l/ noun 1. an act or instance of ; . n. 1620s, from commit + -al (2). As an adjective, attested from 1884, apparently a back-formation from non-committal.
- Committed
[kuh-mit] /kəˈmɪt/ verb (used with object), committed, committing. 1. to give in trust or charge; consign. 2. to consign for preservation: to commit ideas to writing; to commit a poem to memory. 3. to pledge (oneself) to a position on an issue or question; express (one’s intention, feeling, etc.): Asked if he was a candidate, […]
- Committed data rate
communications (CDR) The data transfer rate that an ISP guarantees a virtual circuit will carry. The CDR is the data portion of Committed Information Rate (CIR). (2007-02-28)