Loan: Difference between revisions
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* [[Assets]] | * [[Assets]] | ||
* [[Bond]] | * [[Bond]] | ||
* [[Borrower]] | |||
* [[Debt]] | * [[Debt]] | ||
* [[Impaired loan]] | * [[Impaired loan]] |
Revision as of 15:08, 10 November 2021
Lending - borrowing.
A loan is an arrangement for lending and borrowing, most commonly of money.
A loan is a borrowing (liability) for the borrower, and an investment (asset) for the lender.
In the commercial context loan arrangements are legally enforceable and normally formalised in a loan agreement.