commitment fee

commitment fee. An amount paid to a lender by a potential borrower for the lender’s promise to lend money at a stipulated rate and within a specified time. • Commitment fees are common in real-estate transactions. See LOAN COMMITMENT.

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词条贡献者

译员Joanne，亚洲顶尖法学院国际贸易专业，擅长翻译涉及媒体、体育和娱乐领域的法律文件。