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A fee paid to a commercial bank in return for its legal commitment to lend funds that have not yet been advanced is known as:

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Question ajoutée par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date de publication: 2015/06/02
Shahbaz Hayder
par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Yes Option4 is the right answer.

Shazia Anees
par Shazia Anees , Assistant Manager Finance , Arham Trading Company

last option - Commitment fee

Zehab Osman
par Zehab Osman , Accountant , Aldar Consultancy Co.

Commitment fee--------------------------

Abdul Majid Khatri
par Abdul Majid Khatri , A Qualified Chartered Accountant , Honeycomb Logistics Pvt. Ltd.

Upfront Fee....................!!!!

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