What is the definition of Forward commitment? | Dictionary.net

FORWARD COMMITMENT

\fˈɔːwəd kəmˈɪtmənt], \fˈɔːwəd kəmˈɪtmənt], \f_ˈɔː_w_ə_d k_ə_m_ˈɪ_t_m_ə_n_t]\

Definitions of FORWARD COMMITMENT

1910 - Black's Law Dictionary (2nd edition)

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Used to advance a written loan by agreement on a future date at a specified interest rate. Automatically expires if the potential borrower does not exercise the loan.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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