TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

ENGAGEMENT DESINTERESSER [1 record]

Record 1 1994-11-16

English

Subject field(s)
  • Real Estate
DEF

A commitment to repay a loan with proceeds from another loan. The term is frequently used in real estate projects where a financial institution provides short term construction financing and a commitment is obtained from another financial institution to provide mortgage funds on completion of the building.

French

Domaine(s)
  • Immobilier
OBS

désintéresser : Rendre (qqn) étranger à une affaire en l'indemnisant ou en lui payant ce qui lui est dû.

Spanish

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