noun
- The period of time during which a regent governs.
- The period from 1811-1820 when the Prince of Wales was regent during George III's periods of insanity.
- The office of a regent. .
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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.