Commitment and Project

noun

• The trait of sincere and steadfast fixity of purpose.
  • usage: "a man of energy and commitment"
  • synonyms: committedness
• 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"
  • synonyms: allegiance, loyalty, dedication
• An engagement by contract involving financial obligation.
  • usage: "his business commitments took him to London"
• A message that makes a pledge.
  • synonyms: dedication
• The official act of consigning a person to confinement (as in a prison or mental hospital. ).
  • synonyms: committal, consignment

• (n.) The act of referring or intrusting to a committee for consideration and report; as, the commitment of a petition or a bill.
• (n.) The act of committing or putting in charge, keeping or trust; consignment; especially, the act of committing to prison.
• (n.) A doing or perpetration, in a bad sense, as of a crime or blunder; commission.
• (n.) A warrant or order for the imprisonment of a person; -- more frequently termed a mittimus.
• (n.) The act of pledging or engaging; the act of exposing, endangering or compromising; also, the state of being pledged or engaged.

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.

noun

• Any piece of work that is undertaken or attempted.
  • usage: "he prepared for great undertakings"
  • synonyms: undertaking, task, labor
• A planned undertaking.
  • synonyms: projection

verb

• Communicate vividly.
  • usage: "He projected his feelings"
• Extend out or project in space.
  • usage: "His sharp nose jutted out"; "A single rock sticks out from the cliff"
  • synonyms: stick out, protrude, jut out, jut
• Transfer (ideas or principles) from one domain into another.
• Project on a screen.
  • usage: "The images are projected onto the screen"
• Cause to be heard.
  • usage: "His voice projects well"
• Draw a projection of.
• Make or work out a plan for; devise.
  • usage: "They contrived to murder their boss"; "design a new sales strategy"; "plan an attack"
  • synonyms: plan, contrive, design
• Present for consideration, examination, criticism, etc..
  • usage: "He proposed a new plan for dealing with terrorism"; "She proposed a new theory of relativity"
  • synonyms: propose
• Imagine; conceive of; see in one's mind.
  • usage: "I can't see him on horseback"; "I can see what will happen"; "I can see a risk in this strategy"
  • synonyms: visualize, visualise, envision, fancy, see, figure, picture, image
• Put or send forth.
  • usage: "She threw the flashlight beam into the corner"; "The setting sun threw long shadows"; "cast a spell"; "cast a warm light"
  • synonyms: cast, contrive, throw
• Throw, send, or cast forward.
  • usage: "project a missile"
  • synonyms: send off
• Regard as objective.
  • synonyms: externalize, externalise

• (v.i.) To form a project; to scheme.
• (n.) That which is projected or designed; something intended or devised; a scheme; a design; a plan.
• (v.i.) To shoot forward; to extend beyond something else; to be prominent; to jut; as, the cornice projects; branches project from the tree.
• (n.) The place from which a thing projects or starts forth.
• (v.t.) To draw or exhibit, as the form of anything; to delineate; as, to project a sphere, a map, an ellipse, and the like; -- sometimes with on, upon, into, etc.; as, to project a line or point upon a plane. See Projection, 4.
• (v.t.) To cast forward or revolve in the mind; to contrive; to devise; to scheme; as, to project a plan.
• (n.) An idle scheme; an impracticable design; as, a man given to projects.
• (v.t.) To throw or cast forward; to shoot forth.

Project is the asset constructed with or owned via a project financing, which is expected to produce cash flow at a debt-service coverage ratio sufficient to repay the project financing.