loan

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Related to loans: Personal loans, Cash 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 ?
ASA administers federal Stafford student loans and Parent Loans for Undergraduate Students (PLUS).
Repeat refinancings where a borrower's equity is depleted as a result of financing excessive fees for the loan or ancillary products.
Adam makes an interest-free loan of $10,000 to his son, Ben, who has $1,500 net investment income.
Federal law mandates that your new loan feature the combined balance of the previous loans, as well as a weighted average of the interest rates of all your loans adjusted up to the nearest one-eighth percent.
The letter ruling dealt only with business loans involving large sums of money.
Most plans don't allow these types of loans, because in the event of default, the loan administrator would have to foreclose on the collateral.
Secondary market participants generally do not originate loans, but they do specify the underwriting guidelines that loans must meet to be eligible for purchase or securitization.
Group 4 consists of 1,022 conventional, hybrid adjustable-rate mortgage loans secured by first liens on one to four family residential properties, all of which have original terms to maturity of approximately 30 years.
7 million loan for the construction of a condominium in Brooklyn, N.
Chase is the retail brand for education loans made by JP Morgan Chase & Co.
Loans after deemed distributions: According to Regs.
That depends on your circumstances," says Almond, "but in today's uncertain times, leveraging your business by carrying large loans may be risky, I've never seen anyone go bankrupt by paying down debt.