A word "borrowed" from another language. I don't know why we say borrowed--we never give these words back. How many centuries ago did we "borrow" the word "chevalier" from the French?
The definition of a VA mortgage loan is a loan that is guaranteed by the Veterans Administration. The purpose of this loan is to assist veterans and their families in obtaining home financing.
Loan can be a Noun or a Verb. A loan is an object or amount of money given to someone in trust that it will be returned to them. In this definition, loan is a noun. If I were to use loan as an action (a verb), I would be "loaning someone my car for the afternoon". An adjective is a word that describes a noun. "Loan" cannot describe anything.
Fake loan saynunam
Loan draw down is withdrawing the money as in the disbursement of the loan.
what is the definition of bank "drawdown"
The definition of working capital loan is a loan for which the purpose is to finance everyday operations of a company. You can learn more about working capital loans at the Investopedia website.
According to the Business Dictionary the definition of a time loan is a loan that is given to someone when they only have a certain amount of time to pay it off.
The definition of the phrase syndication loan is: "A loan offered by a group of lenders who work together to provide fund for a single borrower." The borrower could be a corporation, a large project or a government.
The definition of "defaults" is a failure to fulfill a bargain or obligation. This is frequently used in terms of loan repayment but also is used in the context of sports when one team does not have enough players to play the game.
When a loan matures, the principle of the loan is repaid and lent at a potentially new rate, hence the term "repricing."
The word lone, meaning single or solitary, is a homophone for the word loan.
Loan origination date is the date that the loan was started. It may also be called "closed date". The difference between the loan origination date and the loan maturity date is the term of the loan.