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LoanAn advance of money from a lender to a borrower over a period of time. The borrower is obliged to repay the loan either at intervals during or at the end of the loan period together with interest.LoanTemporary borrowing of a sum of money. If you borrow $1 million you have taken out a loan for $1 million.LoanA sum of money lent at an interest rate.Similar MatchesBridge loan (bridging loan)Bridge loan (bridging loan)A short term loan. Back to back loanBack to back loanA situation where an investment organisation, such as an investment trust, deposits sterling with a UK bank which subsequently arranges with a foreign associate bank to lend the equivalent amount of foreign currency to the investment organisation. The purpose of this transaction is to hedge against currency fluctuations affecting the portfolio. Builder buydown loanBuilder buydown loanA mortgage loan on newly developed property that the builder subsidizes during the early years of the development. The builder uses cash to buy down the mortgage rate to a lower level than the prevailing mortgage loan rate for some period of time. The typical mortgage is 3% of the interest rate amount for the first year, 2% for the second year, and 1% for the third year (also referred to as a 3-2-1 buydown). Federal Savings and Loan AssociationFederal Savings and Loan AssociationAn institution chartered by the federal government whose primary function is to collect savings deposits and to provide mortgage loans. Project Finance Loan ProgramProject Finance Loan ProgramProgram under which banks, the Ex-Im Bank, or a combination of both may extend long-term financing for capital equipment and related services for major projects. Further SuggestionsConventional loanTransaction loan Self liquidating loan Inventory loan Intercompany loan Broker loan rate Savings And Loan Association Building And Loan Association Policyholder loan bonds Loan amortization schedule demand loan Call loan rate Nonpurpose loan loan protection policy Nonrecourse loan Conforming loans Purpose loan Demand loan Restructured loan Loan value Low documentation loan Loan syndication Term loan beneficial loan Bullet loan |
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