Committed Credit Line

Filed Under » , , , ,
Dictionary Says

Definition of 'Committed Credit Line'

A monetary spending loan balance offered by a financial institution that cannot be suspended without notifying the borrower. A committed credit line is a legal agreement between the financial institution and the borrower outlining the conditions of the credit line. Once signed, the agreement requires the financial institution to lend money to the borrower, provided that the borrower does not break the conditions. Lenders may require the borrower to pay a fee based on the amount that can be borrowed.
Investopedia Says

Investopedia explains 'Committed Credit Line'

Committed credit lines differ from uncommitted credit lines in that they legally bind the lender to provide the funds, rather than giving the lender the option of suspending or canceling the credit line based on market conditions.

Search results for

'Committed Credit Line'

  • Business Plan: Your Financial Plan | Investopedia

    http://www.investopedia.com/university/business-plan/business-plan7.asp
    ... your own money in the firm - this shows that you are committed to your idea ... loan,
    where you receive all the money at once, or a line of credit, where you ...

  • A Dubious Rating For Equifax's Growth Prospects

    http://stocks.investopedia.com/stock-analysis/2010/A-Dubious-Rating-For-Equifaxs-Growth-Prospects-EFX-FICO-ADP-PAYX-HEW0802.aspx
    ... is to simply grow the top line while controlling ... core assets demonstrates that Equifax
    remains committed to rightsizing ... as one of three primary credit bureaus. ...

  • The Small Business Jobs Act: Make It Work For You

    http://www.investopedia.com/articles/economics/11/small-business-jobs-act.asp
    ... step in obtaining SBA loan approval and accessing the committed funds ... more, see The
    Pros And Cons Of Small Business Credit Cards.) The Bottom Line The Small ...

  • Learn The Lingo Of Private Equity Investing

    http://www.investopedia.com/articles/stocks/09/abcs-of-private-equity.asp
    ... The media frenzy surrounding the credit bubble has helped make ... PIC Multiple
    =Paid-In Capital / Committed Capital. ... Rate of Return.) The Bottom Line The private ...

  • Sleep Easier With These 4 Energy Stocks

    http://stocks.investopedia.com/stock-analysis/2011/Sleep-Easier-With-These-4-Energy-Stocks-GEOI-EPM-UNT-QEP1102.aspx
    ... to refinance or rollover and seems committed to remaining ... that was borrowed on the
    company's credit facility. The Bottom Line Refinancing problems are not the ...

  • Identity Theft: Who To Call For Help

    http://www.investopedia.com/articles/pf/05/060105.asp
    ... If you have traditional telephone land line established in ... On It and The Importance
    Of Your Credit Rating.) With ... to recover once the crime has been committed. ...

  • The Rest Of The Retail Earnings Story

    http://stocks.investopedia.com/stock-analysis/2009/The-Rest-Of-The-Retail-Earnings-Story-PERY-BJ-SVU-TWB-DBRN0821.aspx
    ... for next quarter as retailers had already committed to conservative ... To BJ Wholesale
    Club's credit though, not all the ... lines as well as their hard line and soft ...

  • 5 Overlooked Vacation-Planning Tips - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/5-Overlooked-Vacation-Planning-Tips.aspx
    ... so you're probably not all that committed to answering ... traveling, read 4 Tips For
    Using Credit Cards Overseas.). The Bottom Line Though the perfect vacation is ...

  • Does Going Green Hurt Shareholders?

    http://stocks.investopedia.com/stock-analysis/2007/Does_Going_Green_Hurt_Shareholders.aspx
    ... years on energy efficient planes • Bank of America (NYSE:BAC) has committed $20
    billion ... making sure that what they give isn't a burden on their bottom line. ...

  • 3 Steps To A Financially-Sound 2012 - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1211/3-Steps-To-A-Financially-Sound-2012.aspx
    ... and ensure that the cash you have committed is not ... by declining to accept any debit
    or credit card that ... The Bottom Line With rays of light cutting through the ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links