Commitment (Loan)

Commitment (Loan) is a binding pledge made by the lender to the borrower to make a loan, usually at a stated interest rate within a given period of time for a given purpose, subject to the compliance of the borrower to stated conditions.

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APABarry Goldsmith. (2010). Commitment (Loan). Retrieved May 23, 2013, from http://smartdefine.org/commitment_(loan)/definitions/1150253
ChicagoBarry Goldsmith. 2010. "Commitment (Loan)" http://smartdefine.org/commitment_(loan)/definitions/1150253 (accessed May 23, 2013).
HarvardBarry Goldsmith 2010, Commitment (Loan), Smart Define, viewed 23 May, 2013, <http://smartdefine.org/commitment_(loan)/definitions/1150253>.
MLABarry Goldsmith. "Commitment (Loan)" 21 October 2010. Web. 23 May 2013. <http://smartdefine.org/commitment_(loan)/definitions/1150253>