loan

  • 81Loan Market Association — (LMA) A market led body established in December 1996 to foster an environment in the Euromarkets that would facilitate the development of a secondary market for loans. Its overall mission is acting as the voice of the syndicated loan market (both …

    Law dictionary

  • 82loan notes — Debt securities or instruments. They may be offered by a buyer or bidder, often as an alternative to cash in a takeover and can be a useful method, subject to the satisfaction of certain conditions, of enabling a selling shareholder to defer any… …

    Law dictionary

  • 83loan note — Debt securities or instruments. They may be offered by a buyer or bidder, often as an alternative to cash in a takeover and can be a useful method, subject to the satisfaction of certain conditions, of enabling a selling shareholder to defer any… …

    Law dictionary

  • 84loan stock — Capital investment which is treated as debt rather than share capital. Often similar to preference shares although with a higher security ranking than shares but with less security than bank borrowing and senior debt. When subordinated, they may… …

    Law dictionary

  • 85loan, secured — n. A loan that is secured with property or securities; also called a collateral loan. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …

    Law dictionary

  • 86loan shark — n. A person who lends money at extortionate interest rates, usually illegally. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. loan shark A person who lends …

    Law dictionary

  • 87loan application register — ( LAR) A document required by the Home Mortgage Discolure Act ( HMDA) to gather information indicative of possible discrimiantion. Lending institituions are required to collect information on the sex, race and ethnicity of loan applicants. At the …

    Financial and business terms

  • 88loan agreement — UK US noun [C] ► FINANCE the conditions for a loan, to which the borrower must agree: »Under the new loan arrangement, short term borrowing has to be repaid within a 12 to 24 month period …

    Financial and business terms

  • 89loan facility — UK US noun [C] ► BANKING, FINANCE an arrangement where a person or organization can borrow money up to a particular amount if and when they need it: »The industry was granted a government backed £410m loan facility to prevent it from going bust.… …

    Financial and business terms

  • 90loan repayment — UK US noun [C or U] ► FINANCE the act of making payments towards a loan or the payments themselves: »An estimated seven million insurance policies are taken out each year to cover monthly loan repayments in the event of sickness or unemployment …

    Financial and business terms