loan

(redirected from car loan)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.

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 ?
The dunia Green Car Loan is a testament to the company's constant drive to find and offer different solutions to our customers.
When a consumer ultimately could not pay the astronomical interest on these illegal car loans, the company would threaten repossession.
In addition to car loan facilities, BankDhofar also offers motor insurance options, which feature lower premium rates and instant insurance policy, be it comprehensive insurance or third-party insurance cover.
ASTANA (CyHAN)- Over the past six months, car loans in Kazakhstan rose in price by nearly 6 percent, said Ranking.
The Head (Consumer Lending) at Permanent TSB Elaine Moore has revealed that they have teamed up with Topaz after their successful accomplishment of an earlier partnership with Motorcheck to provide a free car check worth as much as 35 to the car loan customers.
If you are a few years into your original car loan, you may be able to afford a shorter loan which would carry a lower rate.
The prerequisite documentation for Instant Car Loan has been designed in a manner such that it is minimal and customer friendly.
All car loans, bar Ijarah products, require a down payment.
The UNB Auto loan offers customers a unique benefit on their car loan with interest rates starting from 1.
Launched in 2006, Car Loan 4U provides a market-leading online service for consumers looking for car finance, and has overseen its most successful period of growth over the last 12 months.
The bank also offered customers three months grace period on the car loan instalments, competitive rates on vehicle insurance and a package of unique value-added products and services.
Taishin tops Taiwan's car loan market with a market share of 25%, so it intends to explore the car loan market in China too.