TERMIUM Plus®

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

CREDIT COMMITMENT [1 record]

Record 1 2007-01-11

English

Subject field(s)
  • Loans
  • Banking
DEF

A declaration of intent whereby a lender or supplier states that until further notice it is prepared to extend credit up to a stated amount, on certain terms and conditions, to a borrower or customer.

French

Domaine(s)
  • Prêts et emprunts
  • Banque
DEF

Engagement que prend un établissement financier d'accorder du crédit au client jusqu'à concurrence d'une limite maximale pour une période donnée et à des conditions convenues.

Spanish

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