LOAN
Loan
In finance, a loan is a debt evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment. A loan entails the reallocation of the subject asset for a period of time, between the lender and the borrower.The above text is a snippet from Wikipedia: Loan
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loan
Noun
- A sum of money or other valuables or consideration that an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest).
- The contract and array of legal or ethical obligations surrounding a loan.
- The permission to borrow any item.
Noun (etymology 2)
- A lonnen.
Verb
- To lend (something) to (someone).
The above text is a snippet from Wiktionary: loan
and as such is available under the Creative Commons Attribution/Share-Alike License.