Firm Commitment — 1. A lending institution s promise to enter into a loan agreement with a specific entity within a certain period of time. 2. An underwriter s agreement to assume all inventory risk and purchase all securities directly from the issuer for sale to… … Investment dictionary
firm commitment — An agreement with an unrelated party that is binding on both parties and that is usually legally enforceable. In FAS 133, FASB specifies that the following are both satisfied for a firm commitment: a) The agreement specifies all significant terms … Financial and business terms
firm commitment underwriting — USA firm commitment underwriting. Also known as firm commitment offering. As opposed to a best efforts offering, in the context of securities and capital markets, an underwriting where the underwriters commit to purchase all of the securities… … Law dictionary
firm commitment offering — USA firm commitment underwriting. Also known as firm commitment offering. As opposed to a best efforts offering, in the context of securities and capital markets, an underwriting where the underwriters commit to purchase all of the securities… … Law dictionary
firm commitment — 1) An undertaking by a bank to lend up to a maximum sum over a period at a specified rate; a commitment fee usually has to be paid by the borrower, which is not returned if the loan is not taken up. 2) In the USA, an agreement in which an… … Big dictionary of business and management
Firm commitment underwriting — An undewriting in which an investment banking firm commits to buy the entire issue and assumes all financial responsibility for any unsold shares. The New York Times Financial Glossary … Financial and business terms
firm commitment underwriting — An underwriting in which an investment banking ( investment bank) firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares. Bloomberg Financial Dictionary … Financial and business terms
Firm commitment — … Википедия
Commitment — A trader is said to have a commitment when he assumes the obligation to accept or make delivery on a futures contract. Related: Open interest * * * commitment com‧mit‧ment [kəˈmɪtmənt] noun 1. [countable, uncountable] a promise to do something or … Financial and business terms
commitment — Describes a trader s obligation to accept or make delivery on a futures contract. Related: open interest. Bloomberg Financial Dictionary When a trader or institution assumes the obligation to accept or make delivery on a futures contract. Chicago … Financial and business terms
commitment — n. promise 1) to make a commitment 2) to meet a commitment 3) a firm commitment 4) a commitment to + inf. (he made a commitment to pay off his debts) 5) a commitment that + clause (they reaffirmed their commitment that they would help) devotion… … Combinatory dictionary
