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loan |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.05 sec. |
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loan noun accommodation, advance, advancement, aid, allotment, assistance, backing, commodare, credit, dole, entrustment, extension of credit, financing, funding, grant, imprest, moneys borrowed, mutuum, pledge, res commodata, stake, stipend, subsidy, sum entrusted, sum of money borrowed, sum of money lent, temporary accommodation, time payment, trust Associated concepts: bond, building loan, construction loan, continuing loan, discount, excessive loan, forbearance, graauitous loan, loan association, loan broker, loan value of a policy, mortgage, secured loan, simple loan, stock loan, temporary loan, unpaid loan, usurious loan, usury laws Foreign phrases: Creditorum appellatione non hi tantum accipiuntur qui pecuniam crediderunt, sed omnes quibus ex qualibet causa debetur.Under the head of “creditors” are included, not only those who have lent money, but all to whom from any cause a debt is owing. loan verb accommodate, advance, allow, extend credit, furnish funds, give, lend, permit to borrow, supply funds See also: capitalize, credit, finance, fund, invest, investment, lease, lend, let 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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Services offered include: savings and checking accounts, mortgages, personal loans, debit cards, credit cards, and so forth. nbsp;and GE Money offering personal loans of up to $40,000 for health care. Sources of Capital Successfully Obtained Percent(%) Business credit cards 68 Business lines of credit 57 Personal credit cards 53 loans secured with 50 personal assets Vendor credit 48 Business bank loans 41 Friends/Family 33 Unsecured personal loans 22 Selling/pledging 12 accounts receivable Equity financing 7 Source: Capital Choices Volume 2 Value of knowledge, 2006 Note: Table made from bar graph. |
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