Search for synonyms and antonyms

Absorption and Commitment

noun

  • Chemistry) a process in which one substance permeates another; a fluid permeates or is dissolved by a liquid or solid.
  • Physics) the process in which incident radiated energy is retained without reflection or transmission on passing through a medium. (
    • usage: "the absorption of photons by atoms or molecules"
  • The social process of absorbing one cultural group into harmony with another.
  • The process of absorbing nutrients into the body after digestion.
  • Complete attention; intense mental effort.
  • The mental state of being preoccupied by something.

absorption is a term used by real estate lenders and developers to describe the process of renting up newly built or renovated office space or apartments. The term "absorption period" is often used to describe the period of time necessary for absorption.

noun

  • The trait of sincere and steadfast fixity of purpose.
    • usage: "a man of energy and commitment"
  • The act of binding yourself (intellectually or emotionally) to a course of action.
    • usage: "his long commitment to public service"; "they felt no loyalty to a losing team"
  • An engagement by contract involving financial obligation.
    • usage: "his business commitments took him to London"
  • A message that makes a pledge.
  • The official act of consigning a person to confinement (as in a prison or mental hospital. ).

Commitment is a promise by a lender to make a loan on specific terms or conditions to a borrower or builder. A promise by an investor to purchase mortgages from a lender with specific terms or conditions. An agreement, often in writing, between a lender and a borrower to loan money at a future date subject to the completion of paper work or compliance with stated conditions.