The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

COMMITMENT FEE Definition & Legal Meaning

Definition & Citations:

A fee for the lender that they are given for supplying an official letter of the loan terms for the borrower. The fee can be anything from a quarter percent to one and a half percent the amount. Refer to commitment.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.