|
|
|
 |
Loan and Mortgage Terms Glossary |
 |
|
 |
Loan:
A sum of money transferred to another for temporary use, to be repaid with or without interest according to terms of the loan agreement written in the accompanying bond, note, mortgage or other document of indebtedness. Loan is the noun. Lend (past tense lent) is the verb.
|
|
|
|
|
|
|
| |
