Firm Order Commitment


Firm Order Commitment

An F.O.C. (or Firm Order Commitment)FOC Date is when the local carrier will commit to having the circuit you ordered provisioned and physically ready to go. Frequently there are additional steps before the circuit is ready for turn up.


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  • Firm — Refers to an order to buy or sell that can be executed without confirmation for some fixed period. Also, a synonym for company. The New York Times Financial Glossary * * * ▪ I. firm firm 1 [fɜːm ǁ fɜːrm] noun [countable] ORGANIZATIONS a company… …   Financial and business terms

  • firm — Refers to an order to buy or sell that can be executed without confirmation for some fixed period. Also, a synonym for company. Bloomberg Financial Dictionary At CME, it is called a clearing member firm. A company that has membership privileges… …   Financial and business terms

  • FIRM — ( foreign investment risk matrix) Graph that displays financial and political risk by intervals on which countries may be compared according to risk ratings. Bloomberg Financial Dictionary * * * ▪ I. firm firm 1 [fɜːm ǁ fɜːrm] noun [countable]… …   Financial and business terms

  • firm — firm1 [ fɜrm ] adjective *** 1. ) solid but not hard: The ground beneath our feet was fairly firm and not too muddy. I sleep better on a firm mattress. firm, ripe tomatoes ─ opposite SOFT 2. ) steady and fixed in place: Make sure the ladder is… …   Usage of the words and phrases in modern English

  • Firm Commitment — 1. A lending institution s promise to enter into a loan agreement with a specific entity within a certain period of time. 2. An underwriter s agreement to assume all inventory risk and purchase all securities directly from the issuer for sale to… …   Investment dictionary

  • firm — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ big, large, major ▪ medium sized ▪ small ▪ well known ▪ …   Collocations dictionary

  • commitment — A warrant, order, or process by which court or magistrate directs ministerial officer to take person to penal institution or mental health facility. Schildhaus v. City of New York, 7 Misc.2d 859, 163 N.Y.S.2d 201, 206. Also, the act of taking or… …   Black's law dictionary

  • commitment — A warrant, order, or process by which court or magistrate directs ministerial officer to take person to penal institution or mental health facility. Schildhaus v. City of New York, 7 Misc.2d 859, 163 N.Y.S.2d 201, 206. Also, the act of taking or… …   Black's law dictionary

  • New world order (politics) — This article is about the use of the term “new world order” in international politics. For its use in conspiracy theory, see New World Order (conspiracy theory). For other uses, see New World Order (disambiguation). The term new world order has… …   Wikipedia

  • New world order — For the conspiracy theory see, New World Order (conspiracy), for other uses see New World Order. The term new world order has been used to refer to a new period of history evidencing a dramatic change in world political thought and the balance of …   Wikipedia