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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译者圣强,毕业于一所培养高级翻译以及跨文化事务专家的精英大学,擅长翻译各种与房地产交易及建筑纠纷相关的法律文件。
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