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Nearby Terms

loan

definition

An amount, usually of money, conveyed by one to another in the expectation that it will be returned, perhaps with specified interest, at a later date. When the lender and borrower are in different countries with separate monetary and legal systems, loans bear extra risk.

Related Terms

 • bank syndicate  • long-term debt  • reschedule  • capital account  • moratorium  • soft loan  • convertible loan stock  • roll over
 more related terms