commitment

  • 131civil commitment — n: court ordered institutionalization of a person suffering from mental illness, alcoholism, or drug addiction usu. upon a finding that the person is dangerous to himself or herself or to others Merriam Webster’s Dictionary of Law. Merriam… …

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  • 132firm commitment — 1) An undertaking by a bank to lend up to a maximum sum over a period at a specified rate; a commitment fee usually has to be paid by the borrower, which is not returned if the loan is not taken up. 2) In the USA, an agreement in which an… …

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