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Loan |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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LOAN, contracts. The act by which a person lets another have a thing to be
used by him gratuitously, and which is to be returned, either in specie or
in kind, agreeably to the terms of the contract. The thing which is thus
transferred is also called a loan. 1 Bouv. Inst. n. 1077.
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? References in periodicals archive |
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Nobody liked my idea of funneling cash gifts into the student loan account. Contribution transfers are automatically made to the holder's student loan account on a quarterly basis, as long as the student loan account has been linked to the holder's Upromise account and provided the minimum transfer requirement has been met. They allegedly took $200,000 from the loan account. |
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