- Dictionary
- L
- Loan
- Related Words
Words related to loan
loan
L l -
lend
to grant the use of (something) on condition that it or its equivalent will be returned. -
call loan
a loan that is repayable on demand -
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nonrecourse loan
a loan for which the borrower cannot be held responsible for any amount in excess of the security for the loan, even if the value of such security falls below the level it had or that had been anticipated for it at the time of the loan. -
consolidation loan
a single loan which is taken out to pay off several separate existing loans -
negative amortization
the increase of the principal of a loan by the amount by which periodic loan payments fall short of the interest due, usually as a result of an increase in the interest rate after the loan has begun.