Purpose Loan

Business / Finance / Purpose Loan: A loan that is backed by securities and that is used to buy other securities under certain government regulations.

Other Words for Loan

Loan Verb Synonyms: advance, allowance, credit, accommodation
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Other Words for Purpose

Purpose Adjective Synonyms: object, intention, intent, end, goal, ambition, objective, target, aim, principle, point, rationale, reason, scheme, plan, design, motive, motivation, view
Purpose Noun Synonyms: resolution, firmness, determination, persistence, drive, single-mindedness, deliberation, deliberateness, purposefulness, steadfastness, tenacity, doggedness, will, resolve, resoluteness, perseverance, stubbornness
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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

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