Business / Real Estate / Standby Takeout Commitment: An agreement by an interim lender to advance funds to take out a construction lender.
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Business / Finance / Standby Commitment: In a rights issue, agreement that the underwriter will purchase any stock not purchased by investors. MORE
Business / Finance / Standby Agreement: Also called the normal deviate, the distance of one data point from the mean, divided by the standard deviation of the distribution. MORE
Business / Finance / Standby Fee: An agreement between a corporation and investment firm that the firm will purchase whatever part of a stock issue that is offered in a rights offering that is not subscribed to in the two- to four- we MORE
Business / Real Estate / Standby Takeout Commitment: An agreement by an interim lender to advance funds to take out a construction lender. MORE
Technology / Cell Phones / Standby Time: The amount of time you can leave your fully charged cellular portable or transportable phone turned on before the phone will completely discharge the batteries. See Talk Time. MORE