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loan n1 a: money lent at interestb: something lent usu. for the borrower's temporary use2: a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usu. with interest; broadly: the furnishing of something to another party for temporary use with the agreement that it or its equivalent will be returnedthe leasing of the vehicle was termed a loan subject to usury statutesbridge loan: a short-term loan used as a means of financing a purchase or enterprise prior to obtaining other fundsused a bridge loan to purchase a new home prior to the sale of their previous onecon·ven·tion·al loan /kən-'ven-chə-nəl-/: a loan for the purchase of real property that is secured by a first mortgage on the property rather than by any federal agencydemand loan: a loan that is subject to repayment upon demand of the lenderhome equity loan: a loan or line of credit secured by the equity in one's home – called also equity loan, home equity line, home equity line of credit; see also qualified residence interest at interest 5loan for con·sump·tion /-kən-'sümp-shən/: a loan in which the borrower is obligated to return property of the same kind as that borrowed and consumedloan for use: a loan in which one party lends personal property to another with the understanding that the borrower will return the same property at a future time without compensation for its use: commodatum— used chiefly in the civil law of Louisiana; compare bailment, deposit, loan for consumption in this entrypar·tic·i·pa·tion loan: a single loan in which two or more lenders participateterm loan: a loan extended to a business with provisions for repayment according to a schedule of amortization and usu. for a period of one to five years and sometimes fifteen years
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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I
noun
accommodation, advance, advancement, aid, allotment, assistance, backing, commodare, credit, dole, entrustment, extension of credit, financing, funding, grant, imprest, moneys borrowed, mutuum, pledge, res commociata, stake, stipend, subsidy, sum entrusted, sum of money borrowed, sum of money lent, temporary accommodation, time payment, trust
associated concepts: bond, building loan, construction loan, continuing loan, discount, excessive loan, forbearance, gratuitous loan, loan association, loan broker, loan value of a policy, mortgage, secured loan, simple loan, stock loan, temporary loan, unpaid loan, usurious loan, usury laws
foreign phrases:
- Creditorum appelatione non hi tantum accipiuntur qui pecuniam crediderunt, sed omnes quibus ex qualibet causa debetur. — Under the head of "creditors" are included, not only those who have lent money, but all to whom from any cause a debt is owing.II verb accommodate, advance, allow, extend credit, furnish funds, give, lend, permit to borrow, supply funds III index capitalize (provide capital), credit (delayed payment), finance, invest (fund), investment, lend, let (lease)
Burton's Legal Thesaurus. William C. Burton. 2006
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n.Something that is borrowed, especially money; the act of lending something to someone, with the intention of having it returned at some future time.v.To lend; to borrow.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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a transaction whereby property is lent or given to another on condition of return or repayment. During the period of the loan the borrower is entitled to use the thing loaned for the purpose agreed between the parties. In a loan of money, the money lent becomes the property of the borrower during the period of the loan against an undertaking to return a sum of equivalent amount either on demand or on a specified date or in accordance with an agreed schedule of repayments.
Collins dictionary of law. W. J. Stewart. 2001.
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n. The giving or granting of something, particularly a sum of money, to another, with the expectation that it will be repaid (typically with interest) or returned.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
