Resource title

Loans

Resource image

image for OpenScout resource :: Loans

Resource description

A loan is the purchase of the present use of money with the promise to repay the amount in the future according to a pre-arranged schedule and at a specified rate of interest. In banking and finance, loan contracts formally spell out the terms and obligations between the lender and borrower.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Kor-Man/Loans.html

Resource license

Copyright © 2011 Advameg, Inc.