Loan Financial Definition Of Loan Financial Dictionary

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Loan - definition of loan by The Free Dictionary
loan (lōn) n. 1. An instance of lending: a bank that makes loans to small businesses. 2. a. A sum of money that is lent, usually with an interest fee: took out a loan to buy a car; repaid the loan over five years. b. The agreement or contract specifying the terms and conditions of the repayment of such a sum. c. The repayment obligation associated with ...
Loan - Investopedia
A loan is money, property or other material goods that is given to another party in exchange for future repayment of the loan value amount with interest.
Loan definition and meaning | Collins English Dictionary
If someone guarantees a loan, they agree to pay back the money if the person who gets the loan does not. With a fixed-rate loan, the amount of interest you pay stays the same, and with an interest-free loan, you do not pay any interest.

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