purchase commitment
11My Home Purchase Plan — is one of the public housing initiatives of Hong Kong. This plan enables eligible citizens to purchase homes by way of rent and buy . The Plan aims to provide assistance to potential sandwich class home buyers who are able to repay mortgages in… …
12Carbon Reduction Commitment — The Carbon Reduction Commitment (CRC) is a proposed mandatory cap and trade scheme in the United Kingdom that will apply to large non energy intensive organisations in the public and private sectors. It is anticipated that the scheme will have… …
13Post-purchase rationalization — is a common phenomenon after people have invested a lot of time, money, or effort in something to convince themselves that it must have been worth it. Many decisions are made emotionally, and so are often rationalized retrospectively in an… …
14Forward Commitment — 1. A contract pertaining to the future sale or purchase of a security. Price and date are specified in the contract. 2. A formal promise to make a loan sometime in the future. It typically refers to a mortgage backed security where the funds are… …
15Kingsbury Commitment — The Kingsbury Commitment of 1913 formalized AT T s monopoly. The Bell System and independent telephone operators reduced competition out of concern for government intervention. The government had been increasingly worried that AT T and the other… …
16Take-Out Commitment — A specific type of mortgage purchase agreement. Under a take out commitment, a long term investor agrees to buy a mortgage from a mortgage banker at a specific date in the future. Take out commitments are enforced once a project reaches a… …
17Equity Commitment Note - ECN — A type of mandatory convertible bond issued by a bank or other lending institution that qualifies as regulated capital. A equity commitment note is redeemed when the sale or issue of securities is made at a future date by the issuing bank or… …
18Advance commitment — A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price. The New York Times Financial Glossary …
19advance commitment — A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately. Bloomberg Financial Dictionary …
20standby commitment — An agreement between a corporation and investment firm that the firm will purchase whatever part of a stock issue that is offered in a rights offering that is not subscribed to in the two to four week standby period. Bloomberg Financial… …
