Loan Note

Business / Taxes / Loan Note: A loan note is a promissory agreement describing the terms of a loan and committing the person or institution borrowing the money to live up to those terms. For example, a mortgage loan note states the principal balance, the interest rate, the discount points, a payment schedule and due date, and any potential penalties for violating the repayment terms. When the required repayment has been made, the agreement between the parties ends.

Other Words for Loan

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

Note Verb Synonyms: message, letter, communication, (piece of) correspondence, memorandum, epistle, postcard or (postal) card, fan letter, love-letter, billet doux, bread-and-butter letter, word, line, thank-you note, memo, mash note
Note Adjective Synonyms: comment, commentary, remark, observation, explanation, annotation, footnote, side-note, marginalia (pl.), gloss, critique, criticism, scholium, exegesis, eisegesis, shoulder-note
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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

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

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

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