Loan
From The Art and Popular Culture Encyclopedia
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- A sum of money or other valuables or consideration which an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest).
- He got a five grand loan.
- The contract and array of legal and/or ethical obligations surrounding a loan.
- He made a payment on his loan.
- The permission to borrow any item.
- Thank you for the loan of your lawn mower.
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See also
- Finance, Personal finance, Settlement (finance)
- Debt, Consumer debt, Debt consolidation, Government debt
- Bank, Fractional-reserve banking, Building society
- Annual percentage rate (a.k.a. Effective annual rate)
- Default (finance)
- Interest-only loan, Negative amortization, PIK loan
- Loan guarantee
- Loan sale
- Payday loan
- Refund Anticipation Loan
- Student loan
- Syndicated loan
- Title loan
US specific:
- FAFSA
- Federal student loan consolidation
- Federal Perkins Loan
- George D. Sax and the Exchange National Bank of Chicago - Innovation of instant loans
- Stafford loan
- Student loan default
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Loan" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
