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loan
LOAN meaning in the Cambridge English Dictionary.
get/take out/apply for a loan Before you take out a loan sit down and list all the money you have coming in. pay off/pay back/repay a loan New restrictions require lenders to check a person's' income and ability to repay the loan.
Loan - Wikipedia.
The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent.
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Loan Definition.
A signature loan is a personal loan offered by banks and other finance companies that relies only on the borrowers signature and promise to pay as collateral. An unsecured loan doesn't' require any type of collateral, but to get approved for one you'll' need good credit.
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