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Home > Terms > English, UK (UE) > Commitment fee
Commitment fee
Any fee paid by a potential borrower to a lender for the lender's promise to lend money at a specified rate and within a given time.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Business services
- Category: Relocation
- Company:
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- Acronym-Abbreviation:
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