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commitment fee
(redirected from Commitment Fees)

   Also found in: Legal, Financial 0.01 sec.
commitment fee
n
(Economics, Accounting & Finance / Banking & Finance) a charge made by a bank, in addition to interest, to make a loan available to a potential borrower


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7 million of interest and commitment fees through April 29, 2011.
50 percentage points over 3-month LIBOR, putting the current rate at well over 11 percent, but it will also pay commitment fees.
In this case, the taxpayer treated loan purchase commitment fees it received as option premiums; see Federal Home Loan Mortgage Corp.
 
 
 
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