consumer loan,
personal loan a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay
point sharp end; "he stuck the point of the knife into a tree"; "he broke the point of his pencil"
word a unit of language that native speakers can identify; "words are the blocks from which sentences are made"; "he hardly said ten words all morning"
loan -
A sum of money or other valuables or consideration that an individual, group or other legal entity borrows from another individual, group or legal entity the latter often being a financial institution with the condition that it be returned or repaid at a later date sometimes with interest.
loan -
The contract and array of legal or ethical obligations surrounding a loan.
A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower. In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time.
OmegaWiki Dictionary
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loan A sum of money or other valuables or consideration which an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date.
