paying of a loan
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loan — I UK [ləʊn] / US [loʊn] noun Word forms loan : singular loan plural loans *** 1) [countable] an amount of money that a person, business, or country borrows, especially from a bank an interest free loan pay off/repay a loan: How soon do you have… … English dictionary
loan — 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… … Usage of the words and phrases in modern English
Loan Servicing — The administration aspect of a loan from the time the proceeds are dispersed until the loan is paid off. This includes sending monthly payment statements and collecting monthly payments, maintaining records of payments and balances, collecting… … Investment dictionary
loan shark — A loan shark lends money at very high rates of interest. (Dorking School Dictionary) *** A loan shark is a person who lends money at extremely high interest rates to people who are unable to obtain a loan from the bank. The young… … English Idioms & idiomatic expressions
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
servicing a loan — Paying the interest on a loan … Big dictionary of business and management
Construction loan — In the broadest sense of the term, a Construction Loan is any loan where the proceeds are used to finance construction of some kind. In the United States Financial Services industry however, the term is used to describe a genre of loans designed… … Wikipedia
Student loan — A student loan is designed to help students pay for university tuition, books, and living expenses. It may differ from other types of loans in that the interest rate may be substantially lower and the repayment schedule may be deferred while the… … Wikipedia
PIK loan — A PIK Loan is a type of loan which typically does not provide for any cash flows from borrower to lender between the drawdown date and the maturity or refinancing date, not even interest or parts thereof (see mezzanine loan), thus making it an… … Wikipedia
performing loan — ➔ loan1 * * * A loan is performing if the borrower is paying the interest on it. ► See also Non performing Loan. * * * performing loan UK US noun [C] ► FINANCE a loan that the borrower is paying back as agreed in the loan arrangement: »If… … Financial and business terms
Savings and loan crisis — The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S L crisis) was the failure of 747 savings and loan associations (S Ls) in the United States. The ultimate cost of the crisis is estimated to have totaled around… … Wikipedia