On Loan Definition Meaning

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Loan financial definition of loan - TheFreeDictionary.com
A loan may be guaranteed by collateral, meaning that the lender either keeps an asset belonging to the borrower until the loan is repaid or has the right to seize such an asset in the event of default. Often, loans are obtained to purchase a major asset, such as a house.
What is a loan? definition and meaning ...
If the loan is repayable on the demand of the lender, it is called a demand loan. If repayable in equal monthly payments, it is an installment loan. If repayable in lump sum on the loan's maturity (expiration) date, it is a time loan.
Loan definition and meaning | Collins English Dictionary
See full definition. Feb 13, 2019. New collocations added to dictionary. Collocations are words that are often used together and brilliant at providing natural sounding language for your speech and writing. Read more. Unlock language with the Paul Noble method. No books. No rote memorization. No chance of failure.

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