loan

loan definition - business

loan

A temporary transfer of money or some other asset by a lender to a borrower with a promise of repayment or return to the lender on a specific date. Most loans include a requirement of payment for use of the money or borrowed asset.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.
Related Discussions (2)
TopicRepliesLatest Post
German to Russian Loan Words164 years ago
loan as a verb65 years ago

Browse Forums