Definitions for "Commitment" Add To Word List
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A Limited Partner's obligation to provide an agreed upon amount of capital to a fund.
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an obligation, typically the maximum amount that a limited partner agrees to invest in a fund.
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Acknowledgment by a study partner that it will formally obligate funding to the pooled fund study or provide funding in the form of a check or provide in-kind support. Study partners indicate their funding commitments for the life of the study; many times, this consists of contributions for each year of the study.
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Describes a trader's obligation to accept or make delivery on a futures contract. Related: Open interest.
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Expected future expense. In SAP commitments are created by all requisitions (even those not approved), PO's, manual reservations and LDS.
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commitment is a firm written obligation by a government or official agency, backed by the appropriation or availability of the necessary funds, to provide resources of a specified amount under specified financial terms and conditions and for specified purposes for the benefit of the recipient country
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When a trader or institution assumes the obligation to accept or make delivery on a futures contract.
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an obligation to pay that will result in a charge against an appropriation, or a future obligation of government. 4.3.7
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An obligation of both the forfaiter and the exporter to stand by the terms and conditions of a forfaiting contract signed by them.
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A binding financial obligation, typically in the form of a purchase order or contract.
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A legal term describing the scope of the specific obligation a country enters into.
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A firm obligation expressed by an agreement or equivalent contract for the provision of resources. It is undertaken by the donor, to provide resources of a specified amount under agreed financial terms and conditions to the recipient and for specific purposes.
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A trader is said to have a commitment when he assumes the obligation to accept or make delivery on a futures contract. Related: Open interest
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A legally binding obligation (subject usually both to conditions precedent and to continuing conditions) to make available loans or other financial accommodation for a specified period; this includes revolving facilities. Even during publicly known credit distress, a commitment can be legally binding if it is drawn down before it is formally withdrawn for cause.
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See " Obligation."
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An obbligation of both the forfaiter and the exporter to comply with the agreed terms and conditions of a forfaiting (without recourse) contract.
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Made when a trader assumes the obligation to accept or make delivery by entering into a futures contract. See Open Interest.
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An act of reserving funds which will be paid when goods are received or services rendered and when invoices are submitted. Commitment can also mean: a) a financial obligation to make a payment out of an appropriation; b) an accounting entry made at the time a contract is entered into, or an order is placed for goods or services; or c) the recording of obligations to make some future payments at the time they are foreseen, prior to the time services are rendered and billings received
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An administrative reservation of an allotment or of other funds in anticipation of an obligation. (GAO) The amount of Allotment or lower level authority committed in anticipation of an Obligation. (SGL, definition of account 4700.) (JFMIP Core Appendix A Terminology, p 49) HUDCAPS Core Financial System Standard Accounting Interface, dated 9/30/97
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An investor°s obligation to provide a certain amount of capital to a fund.
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Refers to an employee's obligations to the company based on meaningful work, performance, rewards and recognition, etc.
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A pledge or engagement; a contract involving financial responsibility or a contingent financial obligation to be performed in the future, e.g., an obligation to pay for subscribed stock on call, to take up bonds subscribed or purchased on the delivery date, or orders entrusted to a broker for buying and selling securities
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