What Is a Commitment Fee? A commitment fee is a banking term used to describe a fee charged by a lender to a borrower to compensate the lender for its commitment to lend. Commitment fees typically are associated with unused credit lines or undisbursed loans. The lender is compensated for providing access to a potential loan
What is a Committed Credit Line? A committed credit line is a monetary spending loan balance offered by a financial institution that cannot be suspended without notifying the borrower. A committed credit line is a legal agreement outlining the conditions of the credit line between the financial institution and the borrower. Once signed, the agreement
What Is a Committed Facility? A committed facility is a credit facility whereby terms and conditions are clearly defined by the lending institution and imposed upon the borrowing company. A committed facility is a source of credit that has committed to providing a loan to a company. In committed facilities, the borrowing company must meet
What Is a Commodities Exchange? A commodities exchange is a legal entity that determines and enforces rules and procedures for trading standardized commodity contracts and related investment products. A commodities exchange also refers to the physical center where trading takes place. The commodities market is massive, trading more than trillions of dollars each day. Traders rarely
What Is Commoditization? Commoditization refers to the process of making something into a commodity. More broadly, commodification is taking something that previously was not available in the market and making it so, for instance the commoditization of the food chain has brought many more foods to the market, but has left small producers behind in favor
What Is a Commodity? A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Commodities are most often used as inputs in the production of other goods or services. A commodity thus usually refers to a raw material used to manufacture finished goods. A product, on the other hand, is
What Is a Commodity-Backed Bond? A commodity-backed bond is a type of debt security where the coupon payments and/or principal is directly linked to the price of the underlying commodity. Key Takeaways Commodity-backed bonds are debt securities where the price of an underlying commodity directly influences the coupon payments and/or principal.Not only can commodity-backed bonds
The Gravenstein apple is one of the earliest—if not the first—apple to ripen in the Northern Hemisphere each year. It comes to harvest as early as late July and early August, a good month or two ahead of most fall-harvest apples. Considered one of the best all-around apples, the Gravenstein has a crisp, slightly acidy
Plantain is a perennial plant, usually a weed. There are two common species of plantain—the broadleaf plantain and the buckthorn plantain. Plantain has thick, egg-shaped, wavy-edged leaves that grow from a ground-hugging rosette. Plantain weed thrives in rich, moist, compacted soil. Plantain grows from seed and from resprouting roots. The leaves are so wide and
The month of May will bring Spring weather to almost all regions of the Northern Hemisphere. May is the time to direct sow warm-weather vegetable seeds in all gardens. Once the last frost is past, vegetable seedlings can go into the garden as well. May planting and transplanting tips Few seeds will germinate if the
