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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:

Credit Fee

 

Upfront Fee

 

Facility Fee

 

Commitment fee

Project Finance Cash Flow Forecasting Financial Reporting Financial Systems Feasibility Studies
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Question added by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date Posted: 2015/06/02
Upvote (2) Views (2) Followers (4) Answers (4) Report Question
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Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Yes Option4 is the right answer.

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

last option - Commitment fee

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

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

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

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

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