ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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UNFUNDED COMMITMENT Definition
UNFUNDED COMMITMENT is, as of any date of determination, the sum of legally binding calls upon current or future assets to where the assets or sums have not been identified or set aside to satisfy the commitment.
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APPRAISAL is a report made by a qualified person setting forth an opinion or estimate of value.
UN-CREDITED CHECK is a check that has been presented to the bank but still are under process by the bank. The customer account has been debited already.