to finance a loan
11loan market — ➔ market1 * * * loan market UK US noun [C] ► FINANCE the market where financial organizations provide loans to borrowers and sometimes repackage them (= sell them on to investors): consumer/domestic/home loan market »The consumer loan market has… …
12loan-to-value ratio — loan to value ( LTV) ratio The name used to refer to a credit analysis ratio that measures collateral coverage. To calculate the LTV ratio, the total amount of the borrower s obligations to the bank is divided by the total calculated value for… …
13loan club — ˈloan club noun [countable] FINANCE a group of people who save money together so that members can borrow money at lower interest rates than at banks: • loan clubs of people with a common bond, for example tenants associations or factory employees …
14loan syndicate — ➔ syndicate1 * * * loan syndicate UK US noun [C] ► FINANCE a group of banks or other organizations that share the risk of a large loan: »The lending bank may form a loan syndicate to help raise the needed funds …
15loan consolidation — Combining a number of loans into a single new loan. Consolidation typically extends the repayment period, lowers the monthly payments, and thereby increases the interest the borrower will have to pay over the life of the consolidated loan.… …
16loan leverage — ➔ leverage1 * * * loan leverage UK US noun [U] ► FINANCE the amount that a company borrows in relation to its assets or share capital: »It is normal for loan leverage ratios to fall when market values rise sharply. → Compare DEBT/EQUITY RATIO( …
17loan loss — ➔ loss * * * loan loss UK US noun [C] ACCOUNTING, FINANCE ► a loss made by a bank when money it has lent is not paid back: »The bank set aside $34.4 million to cover anticipated loan losses. → Compare CREDIT LOSS(Cf. ↑ …
18finance lease — see lease Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. finance lease …
19finance — fi·nance 1 n 1 pl: money or other liquid resources of a government, business, group, or individual 2: the system that includes the circulation of money, the granting of credit, the making of investments, and the provision of banking facilities 3 …
20loan agreement — UK US noun [C] ► FINANCE the conditions for a loan, to which the borrower must agree: »Under the new loan arrangement, short term borrowing has to be repaid within a 12 to 24 month period …
