Hard Commitment

GPTKB entity

Statements (13)
Predicate Object
gptkbp:instanceOf gptkb:business
gptkbp:commonIn underwriting
loan agreements
gptkbp:contrastsWith Soft Commitment
gptkbp:defines A binding agreement or obligation that is legally enforceable or contractually required.
gptkbp:enforcedBy gptkb:law
gptkbp:example A bank's irrevocable promise to provide funding.
https://www.w3.org/2000/01/rdf-schema#label Hard Commitment
gptkbp:implies strict obligation
gptkbp:used_in finance
project management
gptkbp:bfsParent gptkb:Closer_to_the_People
gptkbp:bfsLayer 8