A loan is money borrowed that must be repaid.
An amount of money borrowed to buy things such as a house, car, or appliance. Loans are typically repaid in equal monthly installments, such as a 36-month loan to buy a car. The longer the repayment period, the lower the monthly payment but the greater the total interest cost.
the borrowing of a sum of money by one economic agent (person, company, government or other organization) from another; loans may be secured or unsecured, interest-bearing or interest-free, long-term or short-term, redeemable or irredeemable. Latin abbreviation
Legally binding document which obligates a specific value of funds available for disbursement. The amount of funds disbursed is to be repaid (with or without interest and late fees) in accordance with the terms of a promissory note and/or repayment schedule.
An advance of money from a lender to a borrower over a set period of time. The borrower is obliged to repay the loan, usually monthly, with interest. There are many different loan options suitable for varying circumstances: Secured, Unsecured, Debt Consolidation, Bridging, Flexible, etc
A loan is money you borrow that you must pay back with interest. Federal funds provide most of the money used in making educational loans. The Stafford Loan and the Perkins Loan are federal loan programs.
In life insurance, money loaned at interest by the insurance company to a cash value life insurance policyowner, using the policy's cash value as security for the loan. Policy loans will effect the death benefit.
Financing that will have a specific time frame in which the amount will be paid back, usually with an added percentage of additional money. During the period in which the loan is being serviced, the lending institution will usually hold the title. At the conclusion of the obligations as stated in the loan agreement, ownership of the vehicle reverts to the buyer.
money borrowed for temporary use, on the condition that it be repaid with interest
Money borrowed that must be paid back.
something lent (usually money) that will have to be given or paid back (usually with interest).
Money borrowed with an agreement to pay it back, with interest, over a specific length of time.
Money that you, the student, borrow and agree to pay back with interest by signing an agreement with the lender. Unlike personal loans, educational loans are generally easier to get and have special repayment and deferment options that make them attractive to the student borrower.
The borrowing of vested 401 account funds by a participant and repayment of the funds via payroll deduction. The loan option must be elected by an employer in the plan adoption agreement.
Financial aid which must be repaid. Student loan programs have varying interest rates and repayment provisions.
Borrowed money that must be repaid with interest. Both undergraduate and graduate students may borrow money from the Federal Stafford Loan program. Parents may also borrow to pay education expenses for dependent undergraduate students from the Federal PLUS loan program.
Federal loans, unlike grants or scholarships, must be repaid and at least half-time registration is required to be eligible to receive these loans. The different loan programs include the Federal Perkins Loan, Nurse Education Assistance Loan Program, Federal Subsidized/Unsubsidized Stafford Loans and Parent Loan for Undergraduate Students (PLUS).
In life insurance, money loaned at interest by the insurance company to a cash value insurance policyowner on the security of the cash value of his or her policy contract. (See also: automatic premium loan provision and loan value.)
Money advanced to a borrower with an agreement of repayment usually with interest within a specified period of time.
An amount to be borrowed.
The act of extending money to a borrower under predetermined conditions of repayment.
The amount which is borrowed from an individual or an organization. The money usually is repaid with an interest.
A lending of a principal sum of money to one who promises to repay said sum, plus interest.
A loan is when a person borrows money from a financial institution or other type of lender with an agreement to pay back the full amount plus interest over a period of time. Loans are usually guaranteed with assets like a vehicle or home. Until the loan is paid off, the lender will have a lien on these assets and has the right to repossess them if the terms of the loan are not met.
A sum of money given to an individual or individuals with the intent that it is to be repaid at some future date along with any agreed upon interest.
Loans are often referred to as debt financing and must be repaid according to a fixed payment schedule, generally with interest. Use of a deferred payment loan is common in affordable housing. In a deferred payment loan, funds provided to a borrower under terms that calls for repayment to be delayed for a certain length of time, until certain circumstances change, or a certain threshold is met. In housing programs, deferred payment loans are often used as a recapture mechanism. In home ownership programs the loans often become due when the assisted family sells the home. Under rental programs the loans often become due if the affordability requirements are breached. In most housing programs these loans have an interest rate of zero percent; in some communities interest does accrue.
An agreement in which a lender lets a borrower use money with the promise to return it in a certain amount of time. The borrower usually pays back more than he borrowed to make the deal worth it to the lender. This extra repayment is known as " interest ".
the temporary provision of money (usually at interest)
a word borrowed from another language; e.g. `blitz' is a German word borrowed into modern English
give temporarily; let have for a limited time; "I will lend you my car"; "loan me some money"
a business contract between a borrower, someone who needs to borrow money, and a lender
a debt that must be repaid
a debt which must be repaid
a financial obligation that must be repaid, so it is important that you borrow only the amount you actually require to meet your educational expenses
a financial transaction in which one party ( the lender ) agrees to give another party ( the borrower ) a certain amount of money with the expectation of total repayment
a fixed amount of money that you repay over a definite period of time at a specified interest rate
a form of borrowing by individuals, businesses, and governments
a kind of financial aid which is repaid, with interest
a legal and binding contract between the lender and the borrower
a lump sum that you borrow from a financial
a monetary advance that you borrow from a financial organisation, such as a building
an advance of money or some other thing of value from party A to party B with a promise of repayment from B to A
an advance of money pursuant to an agreement that the money will be repaid at some future date
an advance of money that you borrow from a
an agreement between the moneylender and the borrower, by GLOSSARY OF USED TERMINOS MAS IN the BROKERAGE
an agreement in which a lender (finance company/banks) gives money (principal) to a borrower, and the borrower agrees to repay the money with interest, at some future point(s) in time
an agreement in which a lender gives you money or property, and you agree to repay the money or return that property - plus interest - at some future date
an agreement to repay a sum borrowed plus interest over a period of time
an amount of money borrowed for a set period with an agreed payment plan
an amount of money borrowed from a bank or lender
an amount of money given by a financial institution to a borrower
an amount of money given to an organization with the agreement that it will be repaid with interest
an amount of money that one party gives to another
an amount of money that you receive from a financial institution, such as a high street
an answer to a financial crisis and it will be in the greater interest of the borrower if he meticulously uses the amount to ward off the crisis
an extension of credit which must be repaid (usually with interest on the outstanding balance)
an issue of Government paper which entails an obligation to pay interest amounting to a percentage of the total sum of the borrowed money
a popular choice for many qualifying taxpayers because they are generally able to pay a low monthly fee, but not the large lump sum of money that the IRS requires
a redistribution of financial assets over time, between a lender and a borrower
a required form of charity, and one of the highest forms, because it allows a borrower to gain financial stability without the embarrassment of depending upon gifts
a risk, and the bank needs to make sure that they can get their money back
a sizable amount of money borrowed to an individual with the promise of it being paid back in regular, affordable amounts over a specified amount of time
a sum of money borrowed by a student who proves financial need on a promise to repay at some specified time
a sum of money borrowed on the condition of the repayment of its equivalent at a particular interest rate
a sum of money borrowed to assist students in meeting their educational expenses
a sum of money that you borrow from a lender to fulfill your different needs and desires
a transaction when one party (lender) advances money to another party (borrower) who promises to repay the debt in full within the borrower's lifetime
a type of debt, a sum of borrowed money that is expected to be paid back with interest
a type of financial aid which must be repaid,
A method for borrowing money, often from a bank or credit union. Loans are usually repaid with interest.
A Loan is when a person or business gives something, usually money, to another person or business with the understanding that it will be returned plus interest. If a bank loans you $100 it requires you to give back the $100 plus interest, as example $10, for a total of $110.
the temporary use of a sum of money usually with an interest fee payable
Money that is lent. In life insurance a loan can be taken against the cash value of a life insurance policy. If the insured dies while there is an outstanding loan balance, the amount of the loan and any unpaid interest due will be deducted from the death proceeds.
Money that is lent at interest. If you go to the bank and borrow $100, that money is a loan.
A type of funding involving an institution (bank, college, or organization) permitting an individual to borrow a sum of money with the understanding that the individual will repay the amount borrowed plus interest.
A sum of money borrowed usually for education purposes. The entity lending the money usually charges interest for use of the money. The amount borrowed does have to be paid back, usually with interest, over a period of time.
Money which you borrow and you pay back in the future. Usually you have to pay interest on the money you have borrowed. Other forms of credit include home loans (commonly called mortgages), credit cards, store cards.
The temporary borrowing of a sum of money. If you borrow $1 million, you have taken out a loan for $1 million.
Money lent to a buyer to purchase a home.
A sum of money borrowed. The entity lending the money usually charges interest for use of the money. The amount of money borrowed is typically repaid with interest over a period of time. The “loan amount” may also include fees and late charges that are incurred but remain unpaid.
Loan is an advance to the borrower by the lender. It has to be returned after a specific time period along with an interest.
A granting of the use of money in return for the payment of interest.
Borrowed money (principal) typically repaid with interest.
Money loaned out at interest
An agreement between a lender and a borrower by which the borrower agrees to repayment of money borrowed over a period of time can be with or without interest.
When a lender provides funds that are to be repaid periodically with additional interest over an agreed upon time.
to let out money at interest.
Money given to people for use over a set period of time. A payment, interest, is exchanged for this use. The money (loan amount) is also paid back.
Assistance which must be repaid. Repayment terms for development loans under Development Assistance and the Economic Support Fund are established by USAID in accordance with the Foreign Assistance Act of 1961, as amended (FAA), and the current Foreign Assistance and Related Programs Appropriation Act.
Money that is provided by a lender to a borrower in return for regular payments of interest and other related charges, together with return of the principle when due. Term is the period in which the interest rate is set. AGF Trust offers RSP Loans and Investment Loans.
money borrowed to help pay for college costs. Loans must be repaid with interest.
The letting of money by a lender to a borrower to be repaid with or without interest
A sum of money transferred to another for temporary use, to be repaid with or without interest according to terms of the loan agreement written in the accompanying bond, note, mortgage or other document of indebtedness. Loan is the noun. Lend (past tense lent) is the verb.... read full article
An agreement between a borrower and a lender, in which the borrower agrees to repay money with interest over a period of time.
A sum of money borrowed over a period of time. The money borrowed is repaid by instalments over a period of time.
Money borrowed from a lending institution or the U.S. Department of Education that must be repaid.
Money lent for temporary use, usually in exchange for interest payments.
The temporary use of money provided by a lender.
A sum of borrowed money (principal) that is generally repaid with interest.
The total amount of money borrowed by a lender that is eventually repaid with interest.
Sometimes called the advance. This is the actual amount of money that we agree to lend you.
Or advance, a sum borrowed.
Money borrowed, to be repaid with interest, according to the specific terms and conditions of the loan.
an agreement to borrow money, most often in writing and for a specific period of time, at a stated interest rate and repaid according to a specific plan.
Awarded as financial assistance that must be repaid.
money lent (usually by banks or the U.S. government) to be paid back with interest. (Note: Most U.S. banks will not give loans to non-U.S. citizens or permanent residents without a U.S. citizen or permanent resident co-signing on the loan.)
Transaction wherein a Lender allows a Borrower the use of a sum of money for a specified period of time at a specified rate of interest.
An agreement whereby one entity allows another entity to use its money, often for a fee called interest.
Borrowing from the insurer and securing the amount of the loan by the cash value in the life insurance policy. If the insured dies when there is an outstanding loan balance, the amount of the loan and any unpaid interest will be deducted from the proceeds.
See also "mortgage". A transfer of money or other property from one party to another upon the expectation that the money or other property will be returned (often with additional payments as well).
A sum of borrowed money repaid with interest. The original sum is known as the principal, with the accumulating interest tacked on as an annual percentage rate.
A sum of money borrowed (principal) usually for a specific reason (e.g. to obtain an education). The bank lending the money usually charges interest for use of the money. The amount borrowed is typically repaid with interest over a period of time.
An extension of money that is to be repaid.
An agreement in which money owned by one party is lent to another, in exchange for which the borrower pays the lender a predetermined rate of interest. Repayment is usually subject to specific terms and conditions.
money or an object that is lent, usually with the understanding that the loan will be paid back, usually with interest.
A sum of money which you borrow, usually with interest.
Financial aid for either students or parents that has to be repaid with interest.
A loan is where a company lends a person money with an agreement that it will be paid back under certain terms.
Money or property is given from one party(lender) to another party(the borrower) subject to certain conditions. The borrower usually agrees to return the property or repay the borrowed money, along with interest, at a predetermined date in the future.
An amount of money that is lent to a borrower, who agrees to repay it plus interest.
With respect to financial aid, a sum of money (principal) borrowed to assist with the financing of a student's postsecondary education. By signing a promissory note, the borrower promises to repay a specified amount under prescribed conditions. The lender usually charges interest for use of the money, and the amount borrowed is typically repaid with interest over a period of time.
A sum of money lent for a specified period of time and repayable with interest.
sth. which is lent, esp. money1/2è³öÖ®Î1/2
Money borrowed to pay for educational expenses that must be repaid with interest.
to - value - The portion of the amount borrowed compared to the value of the property involved in the transaction.
A form of financing in which you borrow money.
Type of financial aid that must be repaid, with interest.
A sum of money lent to an individual (or organization) with an agreement to repay the money, possibly with interest.
A form of financing whereby you borrow money to purchase a vehicle.
An amount of money a borrower will take out from a lender to pay for a purchase.
A sum of money borrowed (principal), usually for a specific reason (obtain education, buy car, etc.). The entity lending the money (bank, credit union, etc.) usually charges interest for use of the money. The amount of money borrowed is typically repaid with interest over a period of time.
A sum advanced to individuals, businesses, government units or others, to be repaid with or without interest as set forth in the accompanying bond, note or other evidence or indebtedness.
A business transaction between two legal entities whereby one party, known as a lender, agrees to loan funds to the second party, known as the borrower.
This is when a lender gives money or property to a borrower. The borrower must agree to return to property or re-pay the money along with interest. This return or repayment must be done by a predetermined date in the future.
A financial award that needs to be repaid. Some programs offer loan repayment for incoming nurses. Check with your financial aid office for details.
A business contract by which a borrower and lender enter into an agreement. Loans are classified according to the lender or borrower involved, whether or not collateral is required, the time to maturity, conditions of repayment, and other variables.
The amount to be borrowed
Borrowed money that must be repaid with interest. Both undergraduate and graduate students may borrow money. Parents may also borrow to pay education expenses for dependent undergraduate students who are enrolled at least half-time. Maximum loan amounts increase with each year of completed study.
A loan is a type of financial aid that is available to students and to the parents of students. An education loan must be repaid. In many cases, however, payments do not begin until the student finishes school.
Money lent to a consumer to be repaid over a period of time.
A business contract wherein one party, known as the lender, agrees to lend money to a second party, known as the borrower. The money may be rented with or without the payment of interest.
Loans are money that must be repaid over a period of time, usually after a student leaves school.
Money owned by one party and used by another. It is repaid under specific terms and rates of interest.
money borrowed which needs to be paid back and frequently includes interest in addition to the original sum borrowed
The principal, or amount of total borrowed money, that is repaid with interest.
a type of financial aid that must be repaid, typically upon graduation if it is a student loan.
A form if aid that must be repaid.
Transaction wherein an owner of property, called the Lender, allows another party, the Borrower, to use the property. The borrower customarily promises to return the property after a specified period with payment for its use, called interest. The documentation of the promise is called a Promissory Note.
lending of a particular sum of cash that is repaid over a set period of time and usually carries interest.
money that you have borrowed, which you normally have to repay on a specified schedule, with interest
The act of lending ‑ usually money ‑ to be returned with or without interest.
An arrangement whereby a creditor gives a company or an individual money and arranges for them to pay it back on a timeline, usually with interest.
Transaction wherein a lender provides funds to a borrower on the condition that the funds are paid back over time with interest.
An advance of money from a lender to a borrower over a period of time. The borrower is obliged to repay the loan either at intervals during or at the end of the loan period together with interest.
Money that is paid back with interest. Most educational loans have a lower interest rate than commercial loans and do not have to be repaid until college is completed.
Money borrowed that must be repaid and usually with interest.
a loan may be either federal, state, short-term or emergency awarding of money to students in need of financial assistance; it must be repaid.
An amount borrowed to be repaid at a later date, with interest.
A sum of money usually borrowed for a specific reason (to obtain an education, buy a car etc.). The entity lending the money (i.e., a bank) usually charges interest for the use of the money. The amount of money borrowed is typically repaid with interest over a period of time.
An advance of funds from a lender to a borrower on the agreement that the borrower pays interest on the loan, plus paying back the initial amount of the loan at or over an agreed time.
money that you borrow (e.g. to buy a new car) on condition that you pay it back.
A sum of money that a lender gives to a borrower that must be repaid along with interest. There are many types of loans to choose from when you're looking to buy a home. Each loan will have a different interest rate and term, which will affect how much you have to pay each month. How much you put towards a down payment will also affect your monthly payment. The 3 most common types of loans are fixed rate, adjustable rate, and balloons. A home loan is also called a mortgage.
That which one lends or borrows, especially a sum of money lent at interest.
An agreement in which a lender gives money or property to a borrower, who has to repay or return it, with interest , at a specified time. Shakespeare once said: Never lend money without a written agreement specifying ye olde payback terms.
An advance of funds guaranteed by a signed promissory note in which the recipient of the funds promises to repay a specified amount under prescribed conditions. A loan is borrowed money that must be repaid.
Money awarded to the student or the student's parents for educational purposes, usually at a set interest rate, which must be repaid to the lender. Lenders include schools, banks or credit unions and some state agencies. Repayment on most loans does not begin until after the student leaves school, graduates or enrollment drops below half-time. Some loan payments can be deferred beyond graduation for military service, residency or internship.
Money that you borrow that must be repaid, often with interest.
A type of financial aid that is available to students and their parents. Education loan programs have varying interest rates and repayment provisions. An education loan must be repaid.
A sum of money loaned at interest to be repaid.
Borrowed money that is to be repaid, usually with interest.
An advance of money from a lender to a person over a specified term during which the borrower must make regular repayments to the lender to repay the loans capital and interest.
If you borrow $1 million dollars, it is said that you have taken out a loan for $1 million dollars.
Financial aid that must be repaid, with interest, after a student leaves college.
Transaction whereby an owner of property (lender) grants another party (borrower) to use the property for a specified length of time. The borrower promises to return the property and to pay a fee (interest) for its use. When the property is cash, the borrower signs a promissory note. A loan may be secured with collateral or unsecured. See: Collateral; Obligator; Unsecured Debt
Money lent to a person for an agreed period of time (called the term). By the end of the term, the money must be repaid, often with interest added. See mortgage, interest and term.
money borrowed that is usually repaid with interest.
Type of financial aid, which must be repaid, with interest.
When a lender gives money or property to a borrower, and the borrower agrees to return the property or repay the borrowed money, along with interest, at a predetermined date in the future.
If you borrow $2 million dollars, it is said that you have taken out a loan for $2 million dollars.
An amount of money extended to a borrower by a lender.
Borrowed money that is usually repaid with interest.
A business transaction between two legal entities. One party, known as the lender, agrees to lend funds to the second party, known as the borrower. The funds may be used with or without fee. This fee is called interest. Loans may be demand (due on demand) or time (due back over a certain period of time), depending upon the agreement as to maturity. They may also be secured (backed by collateral) or unsecured (not backed by collateral). Loans may be short term loans or long term loans. Short term loans are evidenced by a promissory note, a trade acceptance, or other type of negotiable instrument. Long term loans are evidenced by bonds, mortgages, debentures, chattel mortgages, lease agreements, or other certificates of indebtedness.
See on: Wikipedia Investopedia A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower. The borrower initially receives an amount of money from the lender, which they pay back, usually but not always in regular installments, to the lender. This service is generally provided at a cost, referred to as interest on the debt.
A loan is a type of debt. All material things can be lent but this article focuses exclusively on monetary loans. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the and the .
