HomeDefinitionsCompareDebt Advance commitmentThe financial definition for Advance commitment:A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately. Similar MatchesFirm commitment underwritingFirm commitment underwritingAn underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares. Loan commitmentLoan commitmentAssurance by a lender to make money available to a borrower on specific terms in return for a fee. Production flow commitmentProduction flow commitmentAn agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches. Further SuggestionsStandby commitmentClick to compare definitions of Advance commitment Click to view definitions beginning ad |