Loan: Difference between revisions

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An arrangement for lending and borrowing, most commonly of money.
''Lending - borrowing.''
 
A loan is an arrangement for lending and borrowing, most commonly of money.


In the commercial context loan arrangements are legally enforceable and normally formalised in a loan agreement.
In the commercial context loan arrangements are legally enforceable and normally formalised in a loan agreement.

Revision as of 13:13, 18 March 2021

Lending - borrowing.

A loan is an arrangement for lending and borrowing, most commonly of money.

In the commercial context loan arrangements are legally enforceable and normally formalised in a loan agreement.


See also