单词 | LOAN COMMITMENT |
释义 | Lender’s binding promise that the loan amount or line-of-credit is available to the named borrower at a certain interest rate, time-bound, with a stated purpose. The commitment letter states all of the justification needed to advance the loan. Lenders charge a written commitment fee ranging generally from 0.5 percent to 2.5 percent of the loan amount. |
随便看 |
|
法律词典收录了41026条英汉双解法律词条,基本涵盖了常用法律英语单词及短语词组的翻译及用法,是法律学习的有利工具。