loan

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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

a transaction whereby property is lent or given to another on condition of return or, where the loan is of money, repayment. During the period of the loan the borrower is entitled to use the thing loaned for the purpose agreed between the parties. In a loan of money, the money lent becomes the property of the borrower during the period of the loan against an undertaking to return a sum of equivalent amount either on demand or on a specified date or in accordance with an agreed schedule of repayments.

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.

References in periodicals archive ?
Dec 1, 2015 /PRNewswire/ -- loanDepot, America's lender, today announced the closing of a $150 million securitization of its popular unsecured personal loans accessed by consumers on loanDepot.
Most banks are focused on personal loans and credit cards as these two businesses are thriving at the moment.
hk has launched a new online personal loan calculator to help Hong Kong people save money and get better deals by comparing the details of personal loans from more than 20 banks.
The CBO took some measures to control personal loans and ensure that they do not have negative effects on the lives of individuals.
With all the personal loans on offer, it seems like an easy way to get your dream holiday, or that special home renovation.
From today, NAB is offering the best unsecured Personal Loans of the major banks with 11.
National Australia Bank (AX: NAB) (OTC: NABZY) has launched offers for unsecured lending on Personal Loans and Credit Cards in a bid to help customers manage their finances.
9 per cent) in personal loans during the first quarter of 2013 compared to the fourth quarter of 2012, followed by Qatar (4.
MANAMA: Standard Chartered Bank is launching its three-day time-limited personal loan festival starting today at its main branch in Manama.
Mashreq Majestic 24hrs Personal Loan wins 'Best Personal Loan' in the UAE from Banker Middle East Product Awards.
The outstanding level of borrowing through personal loans is almost half its level since its peak in late 2007 and early 2008, with the total balance owed by consumers on all personal loans at PS34.
Tesco Bank reduced its interest rate on personal loans between PS7,500 and PS15,000 to 5.

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