Nonpurpose Loan

Business / Finance / Nonpurpose Loan: A loan with securities pledged as collateral, but which is not to be used in securities trading or transactions.

Other Words for Loan

Loan Verb Synonyms: advance, allowance, credit, accommodation
MORE

Participation Loan

Business / Finance / Participation Loan: A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender. MORE

Personal Loan

Business / Debt / Personal Loan: Loans available from banks and other financial institutions to private individuals for personal use such as the purchase of a motor vehicle, holiday or similar item are personal loans. Repayment perio MORE

Piggyback Loans

Business / Real Estate / Piggyback Loans: A loan divided into two parts with one lender taking a secondary security position. MORE

Policy Loan

Business / Finance / Policy Loan: A loan often made at a below-market interest rate from an insurance company to a policyholder that is secured by the cash surrender value of a life insurance policy. MORE

Parallel Loan

Business / Finance / Parallel Loan: A process whereby two companies in different countries borrow each other's currency for a specific period of time, and repay the other's currency at an agreed maturity for the purpose of reducing fore MORE

Package Loan

Business / Real Estate / Package Loan: A real estate loan used to finance the purchase of both real property and personal property, such as in the purchase of a new home that includes carpeting, window coverings and major appliances. MORE

Links
Home
Glossary
Thesaurus