to take out a bank loan
1take out — verb 1. cause to leave (Freq. 7) The teacher took the children out of the classroom • Syn: ↑move out, ↑remove • Hyponyms: ↑clear, ↑call in, ↑estrange …
2loan — money lent at interest.A lender makes a loan with the idea that it will be paid back as agreed and that interest will be paid for the use of the money. Glossary of Business Terms Temporary borrowing of a sum of money. If you borrow $1 million you …
3Bank fraud — is the use of fraudulent means to obtain money, assets, or other property owned or held by a financial institution. In many instances, bank fraud is a criminal offense. While the specific elements of a particular banking fraud law vary between… …
4Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …
5loan — loan1 W2S2 [ləun US loun] n [Date: 1100 1200; : Old Norse; Origin: lan] 1.) an amount of money that you borrow from a bank etc loan of ▪ a loan of £60,000 ▪ I had to take out a loan to buy my car. ▪ It ll be years before we ve paid off the loan …
6take — take1 W1S1 [teık] v past tense took [tuk] past participle taken [ˈteıkən] ▬▬▬▬▬▬▬ 1¦(action)¦ 2¦(move)¦ 3¦(remove)¦ 4¦(time/money/effort etc)¦ 5¦(accept)¦ 6¦(hold something)¦ 7¦(travel)¦ 8 …
7loan — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ large, massive ▪ small ▪ long term, short term ▪ high interest, interest free …
8take sth out — UK US take sth out Phrasal Verb with take({{}}/teɪk/ verb [T] (took, taken) ► FINANCE, BANKING, MARKETING to arrange and pay for insurance, a loan, an advertisement, etc.: take out a loan/mortgage »He took out a $44,000 startup loan. »They… …
9loan — 1 noun 1 (C) an amount of money that you borrow from a bank etc: take out a loan (=borrow money) | repay a loan: We re repaying the loan over a three year period. | bank loan (=money lent by a bank) | student loan (=money lent to students) 2… …
10loan — loan1 [ loun ] noun *** 1. ) count an amount of money that a person, business, or country borrows, especially from a bank: an interest free loan obtain/arrange/take out a loan: Jim took out a loan to pay for his car. pay off/repay a loan: How… …