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| Definitions by InvestorWords.com |
| What is...? |
| loan An arrangement in which a lender gives money or property to a borrower, and the borrower agrees to return the property or repay the money, usually along with interest, at some future point(s) in time. see also asset conversion loan, balloon loan, bank term loan, bridge loan, broker loan, callable loan, character loan, classified loan, conforming loan, consolidation loan, day loan, demand loan, discount loan, evergreen loan, FHA loan, floor loan, hang out loan, indexed loan, interest-only loan, non-conforming loan, note loan, partially amortized loan, participation loan, piggyback loan, policy loan, purpose loan, recourse loan, securities loan, security loan, single-payment loan, soft loan, unsecured loan, wraparound loan. |
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