Conditional Commitment
In loan guarantees, a commitment requires to meet an equity commitment, as well as other conditions, before the loan guarantee is closed.
Read more about this topic: Promise
Famous quotes containing the words conditional and/or commitment:
“The population of the world is a conditional population; these are not the best, but the best that could live in the existing state of soils, gases, animals, and morals: the best that could yet live; there shall be a better, please God.”
—Ralph Waldo Emerson (18031882)
“A two-parent family based on love and commitment can be a wonderful thing, but historically speaking the two-parent paradigm has left an extraordinary amount of room for economic inequality, violence and male dominance.”
—Stephanie Coontz (20th century)
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