Examlex
________ indicates how consistently a selection device measures a criterion.
Commitment Fee
A charge levied by a lender on a borrower for an agreed loan commitment that has not yet been utilized.
Revolving Credit
A credit facility that allows a borrower to withdraw, repay, and redraw loans repeatedly up to a certain credit limit.
Take-Down
Take-down refers to the process of allocating and distributing securities to interested buyers in an underwriting arrangement.
Prompt Payment Discount
A discount offered to customers by suppliers as an incentive for early payment of their invoices within a specified period.
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