certain funds
C2CEFR level
85/100Rarity: very rare
TechnicalRegister
A regime under acquisition financing in which lenders may refuse to fund only on a narrow list of major defaults, giving the bidder assured money to complete.
The takeover code required a certain funds period during which the lenders could not walk away from the commitment.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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