loan

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Related to Types Of Loans: Personal loans, Secured Loans

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 ?
However, this should not be a major problem, as there are many lenders that specialize in these types of loans.
Lenders are expending various degrees of energy in marketing these types of loans, so some shopping around is also required.
Although these types of loans are relatively homogeneous, small business loans tend to be quite heterogeneous, in part because of the natural diversity of small business enterprises and their loan terms, which are usually individually negotiated to suit the unique credit needs of each borrower.
Carefully evaluate the types of loans before consolidating; in some cases, consolidation is not the best option
Howe said that NCB's efforts at expanding its already dominant presence in the claustrophobic co-op debt market often lead it to "step on its own tail," but bundling co-op debt along with other types of loans has had the effect of sweetening the CMBS bonds the company offers and has helped it expand as a seller to the secondary debt markets.
We would like to be very active in making these types of loans,'' Tumpak said.
Banks and other financial institutions have been active in the securitization of other types of loans, such as mortgages, and it is possible that they could also be active in the pooling and securitizing of business and community development loans.
The database gives lenders the opportunity to discover the competition they will face when expanding into new states and the types of loans funded, racial makeup and average loan amounts of the loans provided in those markets.
As time went on, our credit union expanded, offering several different types of loans, free traveler's checks and a variety of other services.