Meaning Advance commitment
What does Advance commitment mean? Here you find 5 meanings of the word Advance commitment. You can also add a definition of Advance commitment yourself
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Advance commitmentA 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.
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Advance commitmentCommitment of sale of an asset before the acquisition of the asset is lined up by the seller. Seller offsets risk by fixing the sale price with a futures contract.
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Advance commitmentAdvance commitment is a written promise or an agreement to take some future action. Usually financial institutions lend money to the customers on an advance agreement entered into between the parties. [..]
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Advance commitmentA 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.
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Advance commitmentA promise to sell an asset before the seller has lined up purchase of the asset.
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