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Loan
(redirected from Loanable)

    Also found in: Dictionary/thesaurus, Financial, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.13 sec.

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.
     2. A loan in general implies that a thing is lent without reward; but, in some cases, a loan may be for a reward; as, the loan of money. 7 Pet. R. 109.
     3. In order to make a contract usurious, there must be a loan; Cowp. 112, 770; 1 Ves. jr. 527; 2 Bl. R. 859; 3 Wils. 390 and the borrower must be bound to return the money at all events. 2 Scho. & Lef. 470. The purchase of a bond or note is not a loan ; 3 Scho. & Lef. 469; 9 Pet. R 103; but if such a purchase be merely colorable, it will be considered as a loan. 2 John. Cas. 60; Id. 66; 12 S. & R. 46; 15 John. R. 44.



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They charge that Federal Reserve governors habitually ignore the market rate of interest at which the demand for loanable funds tends to match the supply.
China's new fortune: China seems to be rewriting the laws of ... by Jasper, William F. / The New American
6045-2 currently provides that transferred shares be allocated first to borrowed shares and then to loanable shares, to the extent the number of transferred shares exceeds the number of borrowed shares.
Information-reporting guidance for payments in lieu of dividends by Levy, Marc / The Tax Adviser
4) A growing (and now the largest) share of these ample loanable funds--four times the amount lent in 1980--have been put to work by German banks in loans to the non-financial services sector, a low productivity set of small- and medium-enterprises whose loans, as in Japan, are secured mainly by real estate collateral.
Frog in the pot: Germany's path to the Japan syndrome by Posen, Adam S. / The National Interest
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