loan
51Loan origination — is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application through disbursal of funds (or declining the application). Loan… …
52Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …
53loan buyback — USA Loan buybacks refer to a borrower or its affiliate (including a sponsor) buying back part of the borrower s loan from less than all of the lenders in a loan syndicate at less than par value. Loan buybacks became prevalent in the early stages… …
54Loan protection insurance — Loan protection insurance, or loan payment protection insurance, is a form of payment protection insurance. This type of insurance can help you protect your monthly loan payments if you become unemployed or suffer an accident or sickness.Loan… …
55loan guarantee — ➔ guarantee2 * * * loan guarantee UK US (US also loan guaranty) noun [C] ► BANKING, FINANCE an agreement where a government or financial organization promises to pay back a loan if the borrower cannot: » A loan guarantee from the government… …
56loan commitment — n. A promise made by a bank or other lending institution to a prospective purchaser of real estate that it will lend him or her a specified sum at a specified interest rate to purchase a particular property if it is done within a specified period …
57loan note — ➔ note1 * * * loan note UK US noun [C] ► BANKING, FINANCE a legal agreement between a lender and a borrower giving the period of the loan, interest payments, etc.: »The computer services group has bought its biggest rival in a £3.28m cash and… …
58loan-loss allowance — ➔ allowance * * * loan loss allowance UK US noun [C] (also loan loss provision [C], loan loss reserves [plural]) ► ACCOUNTING, BANKING in a bank’s accounts, an amount showing what it expects to lose from loans that may not be paid back: »The loan …
59Loan office — Loan Loan, n. [OE. lone, lane, AS. l[=a]n, l[ae]n, fr. le[ o]n to lend; akin to D. leen loan, fief, G. lehen fief, Icel. l[=a]n, G. leihen to lend, OHG. l[=i]han, Icel. lj[=i], Goth. leihwan, L. linquere to leave, Gr. lei pein, Skr. ric.… …
60Loan Syndications and Trading Association — (LSTA) USA A US trade association of syndicated loan professionals (including financial institutions and law firms) formed in 1995 to improve the liquidity of the US secondary market for the trading of debt. Among other things, LSTA publishes… …
