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:
“Conditional love is love that is turned off and on....Some parents only show their love after a child has done something that pleases them. “I love you, honey, for cleaning your room!” Children who think they need to earn love become people pleasers, or perfectionists. Those who are raised on conditional love never really feel loved.”
—Louise Hart (20th century)
“Adolescents need to be reassured that nothing—neither their growing maturity, their moods, their misbehavior, nor your anger at something they have done—can shake your basic commitment to them.”
—Laurence Steinberg (20th century)