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commitment |
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Commitment Describes a trader's obligation to accept or make delivery on a futures contract. Related: Open interest. Commitment 1. The legal obligation to undertake an activity in a given way at a given time in the future. Usually, commitment refers to the requirement for parties to a futures contract to make or receive delivery of the underlying commodities on the expiration date of the contract. 2. A liability. A commitment is the obligation to make good on an agreement at some point. For example, a borrower makes a commitment to pay back a loan by a certain time. commitment (loan) An agreement by a lender to extend a loan on certain terms and conditions and by a certain date. Language making the “commitment” subject to credit approval or underwriting are not true commitments at all, but merely quotes. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Total classified credit commitments (those rated as either substandard, doubtful, or loss) fell $21. African Philosophy focuses on an exciting set of interrelated metaphysical issues: the nature of ontological commitments in African thought systems, whether these commitments are rooted in the supernatural or empirical, and whether they have implications for human values. The second publication, Honouring Our Commitment: A policy paper about `Realising Australia's Commitment to Young People', which was produced by DSF, briefly reviews the recent history of commitments by Australian governments to young people and then argues that it is time to implement a National Youth Commitment. |
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