commitment fee
noun[C]
ukusBANKING,FINANCE
anamountofmoneyabank, etc.chargesacustomertokeepaloanavailablefor them:
They will bechargedacommitmentfeeof up to $250,000 every threemonthsforunusedportionsof thelineofcredit.
Examplesofcommitment fee
commitment fee
The court found for the plaintiff, triggering the holding companys attempts to recover thecommitmentfee, which was still ongoing as of year-end 2012, and is still in litigation.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Unlike a conventional retainer, however, the delimited/engaged searchcommitmentfeeis refundable if the recruiter fails to achieve a hire or other deliverable specified in the contract.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.If it is only a stand-by as a last resort, is acommitmentfeepayable?
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
I am aware that the banks generally charge acommitmentfeefor business of this sort.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
I understand that thecommitmentfeeis 1 per cent. on the maximum amount of credit offered.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Foreign currency loans usually give rise to an annual or even six-monthlycommitmentfee.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Thecommitmentfee, on the other hand, is repayable to the borrower provided that he does not fail to honour his agreement to take up the loan.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Sterling loans usually have an initial one-offcommitmentfee.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Is there acommitmentfeeto this very large loan, and if we do start drawing on the loan, at what rate of interest do we have to pay?
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
It is in excess of the normal standard international financingcommitmentfee, which is ½ per cent., not on the total amount of credit offered but on the undrawn balance.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- oyster industry
- oyster mushroom
- oyster-mushroom
- oyster shell
- oz
- ozone
- ozone-depleting chemical
- ozone-depleting substance
- ozone depletion
- ozone-depletion
- ozone-friendly
- ozone-friendly
- ozone generator
- get off with someone
- get off your arse
- get-off-your-arse
- get off your ass
- get off your backside
- get-off-your-backside
- get on
- get-on
- get-on-case
- get-one-up-on
- get one up on someone
- get-on-high-horse