Loan: Difference between revisions
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''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.