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 ?
Confirms Its Commitment to Keeping Input Simple (in) Commercial Loans with the Launch of Its Online Commercial Real Estate Analysis Tools
The commercial loan portfolio is primarily made up of asset based, commercial real estate and equipment finance loans and leases.
Newly appointed Vice President Knooihuizen stated: "I am excited about the opportunity to join the Bank West team and to head the Commercial Loan Division.
Chestnut, III to the position and he will join the company as commercial loan officer, vice president in Commercial Lending in Columbia, SC.
Each report contains key data on each bank in the state including: star-rating, total assets, total commercial loans, percentage of total commercial loans to total assets, total small business loans, % of small business loans to total commercial loans.
that a consortium of trade organizations, including NAR, and leading financial institutions is being formed to support the development of a national data base containing information on commercial loans.
Fleet Management officials said the newly acquired commercial loan office and approximately 17 employees will remain in LaJolla.
He is currently president of the Northern New Jersey Chapter of Robert Morris Associates, an association of bank commercial loan officers, and is active with the Watchung Council, Boy Scouts of America.
The panelists agree that we've seen a period of unusually low commercial loan defaults, and hence, 2007 will likely experience a minor uptick in commercial loan defaults.
Prior to joining FICS, Graham served as 1st vice president of Residential and Commercial Loan Servicing and Origination for San Antonio Federal Credit Union (SACU), where she successfully managed the residential servicing department, the commercial loan servicing department and the home equity and home improvement lending departments.
Wastila as a vice president and commercial loan officer.
The bank began installing the software across its 43 branches in March to help strengthen its small business portfolio and shift the application entry of such loans from the commercial loan department to its branch managers and customer service representatives.

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