Loan, the Glossary
In finance, a loan is the transfer of money by one party to another with an agreement to pay it back.[1]
Table of Contents
82 relations: Amortizing loan, Annual percentage rate, Asset, Bank, Bible, Bond (finance), Building society, Cancellation-of-debt income, Car finance, Collateral (finance), Commercial mortgage, Consumer Credit Act 1974, Consumer debt, Consumer organization, Contract, Corporate bond, Credit card, Credit rating, Credit score, Creditor, Currency, Debt, Debt consolidation, Debtor, Default (finance), Dotdash Meredith, Effective interest rate, Employee benefits, FAFSA, Federal Perkins Loan, Federal student loan consolidation, Finance, Financial institution, Financial regulation, Floating interest rate, Fractional-reserve banking, George D. Sax, Government debt, Gross income, Installment loan, Interest, Interest rate, Interest-only loan, Internal Revenue Code, Legal financing, Leverage (finance), Lien, Loan agreement, Loan covenant, Loan guarantee, ... Expand index (32 more) »
- Notary
Amortizing loan
In banking and finance, an amortizing loan is a loan where the principal of the loan is paid down over the life of the loan (that is, amortized) according to an amortization schedule, typically through equal payments. Loan and amortizing loan are loans.
Annual percentage rate
The term annual percentage rate of charge (APR), corresponding sometimes to a nominal APR and sometimes to an effective APR (EAPR), is the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage loan, credit card, etc.
See Loan and Annual percentage rate
Asset
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity.
See Loan and Asset
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans.
See Loan and Bank
Bible
The Bible (from Koine Greek τὰ βιβλία,, 'the books') is a collection of religious texts or scriptures, some, all, or a variant of which are held to be sacred in Christianity, Judaism, Samaritanism, Islam, the Baha'i Faith, and other Abrahamic religions.
See Loan and Bible
Bond (finance)
In finance, a bond is a type of security under which the issuer (debtor) owes the holder (creditor) a debt, and is obliged – depending on the terms – to provide cash flow to the creditor (e.g. repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time).
Building society
A building society is a financial institution owned by its members as a mutual organization, which offers banking and related financial services, especially savings and mortgage lending.
Cancellation-of-debt income
Taxpayers in the United States may have tax consequences when debt is cancelled.
See Loan and Cancellation-of-debt income
Car finance
Car finance refers to the various financial products which allow someone to acquire a car, including car loans and leases.
Collateral (finance)
In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. Loan and collateral (finance) are loans.
See Loan and Collateral (finance)
Commercial mortgage
A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex.
See Loan and Commercial mortgage
Consumer Credit Act 1974
The Consumer Credit Act 1974 (c. 39) is an Act of the Parliament of the United Kingdom that significantly reformed the law relating to consumer credit within the United Kingdom.
See Loan and Consumer Credit Act 1974
Consumer debt
In economics, consumer debt is the amount owed by consumers (as opposed to amounts owed by businesses or governments).
Consumer organization
Consumer organizations are advocacy groups that seek to protect people from corporate abuse like unsafe products, predatory lending, false advertising, astroturfing and pollution.
See Loan and Consumer organization
Contract
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties.
Corporate bond
A corporate bond is a bond issued by a corporation in order to raise financing for a variety of reasons such as to ongoing operations, mergers & acquisitions, or to expand business.
Credit card
A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit.
Credit rating
A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.
Credit score
A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual.
Creditor
A creditor or lender is a party (e.g., person, organization, company, or government) that has a claim on the services of a second party.
Currency
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins.
Debt
Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor.
See Loan and Debt
Debt consolidation
Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others.
See Loan and Debt consolidation
Debtor
A debtor or debitor is a legal entity (legal person) that owes a debt to another entity.
See Loan and Debtor
Default (finance)
In finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity. Loan and default (finance) are loans.
See Loan and Default (finance)
Dotdash Meredith
Dotdash Meredith (formerly The Mining Company, About.com and Dotdash) is an American digital media company based in New York City.
Effective interest rate
The effective interest rate (EIR), effective annual interest rate, annual equivalent rate (AER) or simply effective rate is the percentage of interest on a loan or financial product if compound interest accumulates in periods different than a year.
See Loan and Effective interest rate
Employee benefits
Employee benefits and benefits in kind (especially in British English), also called fringe benefits, perquisites, or perks, include various types of non-wage compensation provided to employees in addition to their normal wages or salaries.
See Loan and Employee benefits
FAFSA
The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid.
See Loan and FAFSA
Federal Perkins Loan
A Federal Perkins Loan, also referred to as a Perkins Loan, was a need-based student loan offered by U.S. Department of Education from 1958 until 2017.
See Loan and Federal Perkins Loan
Federal student loan consolidation
In the United States, the Federal Direct Student Loan Program (FDLP) includes consolidation loans that allow students to consolidate Stafford Loans, Graduate PLUS Loans, and Federal Perkins Loans into one single debt.
See Loan and Federal student loan consolidation
Finance
Finance refers to monetary resources and to the study and discipline of money, currency and capital assets.
See Loan and Finance
Financial institution
A financial institution, sometimes called a banking institution, is a business entity that provides service as an intermediary for different types of financial monetary transactions.
See Loan and Financial institution
Financial regulation
Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest considerations; and information asymmetry, which justifies curbs on freedom of contract in selected areas of financial services, particularly those that involve retail clients and/or Principal–agent problems.
See Loan and Financial regulation
Floating interest rate
A floating interest rate, also known as a variable or adjustable rate, refers to any type of debt instrument, such as a loan, bond, mortgage, or credit, that does not have a fixed rate of interest over the life of the instrument. Loan and floating interest rate are loans.
See Loan and Floating interest rate
Fractional-reserve banking
Fractional-reserve banking is the system of banking in all countries worldwide, under which banks that take deposits from the public keep only part of their deposit liabilities in liquid assets as a reserve, typically lending the remainder to borrowers.
See Loan and Fractional-reserve banking
George D. Sax
George D. Sax (April 14, 1904 – March 12, 1974) was the chairman of the board of Exchange International Corporation and Chicago's former Exchange National Bank (now part of LaSalle Bank).
Government debt
A country's gross government debt (also called public debt or sovereign debt) is the financial liabilities of the government sector.
Gross income
For households and individuals, gross income is the sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes.
Installment loan
An installment loan is a type of agreement or contract involving a loan that is repaid over time with a set number of scheduled payments; normally at least two payments are made towards the loan. Loan and installment loan are loans.
Interest
In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate.
Interest rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum).
Interest-only loan
An interest-only loan is a loan in which the borrower pays only the interest for some or all of the term, with the principal balance unchanged during the interest-only period. Loan and interest-only loan are loans.
See Loan and Interest-only loan
Internal Revenue Code
The Internal Revenue Code of 1986 (IRC), is the domestic portion of federal statutory tax law in the United States.
See Loan and Internal Revenue Code
Legal financing
Legal financing (also known as litigation financing, professional funding, settlement funding, third-party funding, third-party litigation funding (TPLF), legal funding, lawsuit loans and, in England and Wales, litigation funding) is the mechanism or process through which litigants (and even law firms) can finance their litigation or other legal costs through a third party funding company.
Leverage (finance)
In finance, leverage, also known as gearing, is any technique involving borrowing funds to buy an investment.
See Loan and Leverage (finance)
Lien
A lien is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation.
See Loan and Lien
Loan agreement
A loan agreement (also known as a lending agreement) is a contract between a borrower and a lender which regulates the mutual promises made by each party. Loan and loan agreement are loans.
Loan covenant
A loan covenant is a condition in a commercial loan or bond issue that requires the borrower to fulfill certain conditions or which forbids the borrower from undertaking certain actions, or which possibly restricts certain activities to circumstances when other conditions are met. Loan and loan covenant are loans.
Loan guarantee
A loan guarantee, in finance, is a promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults. Loan and loan guarantee are loans.
Loan sale
A loan sale is a sale, often by a bank, under contract of all or part of the cash stream from a specific loan, thereby removing the loan from the bank's balance sheet. Loan and loan sale are loans.
Loan shark
A loan shark is a person who offers loans at extremely high or illegal interest rates, has strict terms of collection, and generally operates outside the law, often using the threat of violence or other illegal, aggressive, and extortionate actions when seeking to enforce the satisfaction of the debt. Loan and loan shark are loans.
Loans and interest in Judaism
The subject of loans and interest in Judaism has a long and complex history. Loan and loans and interest in Judaism are loans.
See Loan and Loans and interest in Judaism
Mortgage
A mortgage loan or simply mortgage, in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. Loan and mortgage are loans.
Negative amortization
In finance, negative amortization (also known as NegAm, deferred interest or graduated payment mortgage) occurs whenever the loan payment for any period is less than the interest charged over that period so that the outstanding balance of the loan increases.
See Loan and Negative amortization
NPR
National Public Radio (NPR, stylized as npr) is an American public broadcasting organization headquartered in Washington, D.C., with its NPR West headquarters in Culver City, California.
See Loan and NPR
OECD
The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade.
See Loan and OECD
Overdraft
An overdraft occurs when something is withdrawn in excess of what is in a current account. Loan and overdraft are banking terms.
Pay it forward
Pay it forward is an expression for describing the beneficiary of a good deed repaying the kindness to others rather than paying it back to the original benefactor.
Payday loan
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest rates. Loan and payday loan are loans.
Peer-to-peer lending
Peer-to-peer lending, also abbreviated as P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. Loan and Peer-to-peer lending are loans.
See Loan and Peer-to-peer lending
Personal finance
Personal finance is the financial management that an individual or a family unit performs to budget, save, and spend monetary resources in a controlled manner, taking into account various financial risks and future life events.
PIK loan
A PIK, or payment in kind, is a type of high-risk loan or bond that allows borrowers to pay interest with additional debt, rather than cash. Loan and PIK loan are loans.
Pledge (law)
A pledge is a bailment that conveys title to property owned by a debtor (the pledgor) to a creditor (the pledgee) to secure repayment for some debt or obligation and to the mutual benefit of both parties.
Predatory lending
Predatory lending refers to unethical practices conducted by lending organizations during a loan origination process that are unfair, deceptive, or fraudulent. Loan and Predatory lending are loans.
See Loan and Predatory lending
Prime rate
A prime rate or prime lending rate is an interest rate used by banks, usually the interest rate at which banks lend to customers with good credit.
Promissory note
A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms and conditions.
Refund anticipation loan
Refund anticipation loan (RAL) is a short-term consumer loan in the United States provided by a third party against an expected tax refund for the duration it takes the tax authority to pay the refund. Loan and refund anticipation loan are loans.
See Loan and Refund anticipation loan
Secured loan
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. Loan and secured loan are loans.
Settlement (finance)
Settlement is the "final step in the transfer of ownership involving the physical exchange of securities or payment".
See Loan and Settlement (finance)
Smart contract
A smart contract is a computer program or a transaction protocol that is intended to automatically execute, control or document events and actions according to the terms of a contract or an agreement.
Sponsored repayment is a personal finance strategy where consumers enter into an arrangement with one or a coalition of sponsors so that a portion of the consumer's purchases at the sponsor are rebated to fund payments to financial obligations like utility bills, credit cards, and student loans.
See Loan and Sponsored repayment
Stafford Loan
A Stafford Loan was a student loan offered from the United States Department of Education to eligible students enrolled in accredited American institutions of higher education to help finance their education.
Student loan
A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. Loan and student loan are loans.
Student loan default in the United States
Defaulting on a loan happens when repayments are not made for a certain period of time as defined in the loan's terms of agreement, typically a promissory note.
See Loan and Student loan default in the United States
Subsidy
A subsidy or government incentive is a type of government expenditure for individuals and households, as well as businesses with the aim of stabilizing the economy.
See Loan and Subsidy
Syndicated loan
A syndicated loan is one that is provided by a group of lenders and is structured, arranged, and administered by one or several commercial banks or investment banks known as lead arrangers. Loan and syndicated loan are loans.
Title loan
A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. Loan and title loan are loans.
United States
The United States of America (USA or U.S.A.), commonly known as the United States (US or U.S.) or America, is a country primarily located in North America.
Unsecured debt
In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment.
Usury
Usury is the practice of making loans that are seen as unfairly enriching the lender.
See Loan and Usury
0% finance
0% financing or zero percent financing, alternatively known as discounted finance, is a widely used marketing tactic for attracting buyers of consumer goods, automobiles, real estate, or credit cards in different parts of the world. Loan and 0% finance are loans.
See also
Notary
- Act (document)
- Affidavit
- Apostille Convention
- Apparitor
- Authentication
- Certified copy
- Cheeswrights
- Civil law notary
- Commissioner of deeds
- Deposition (law)
- Digital signature
- Document legalization
- ENotary
- Eschatocol
- Exemplified copy
- Federal Chamber of Notaries (Russia)
- Formulary (model document)
- Gift register
- International Union of Notaries
- Loan
- National Notary Association
- Non-repudiation
- Notarial Archives
- Notarial act
- Notaries
- Notarius
- Notary
- Notary public
- Notary public (Florida)
- Notary public (New York)
- Notary public (Pennsylvania)
- Notary public (United States)
- Notary public (Virginia)
- Pleading
- Prothonotary
- Public Notary Office of China
- Scriba (ancient Rome)
- Signing agent
- Statutory declaration
- Torcaso v. Watkins
- Worshipful Company of Scriveners
References
[1] https://en.wikipedia.org/wiki/Loan
Also known as Bank financing, Bank lending, Bank loan, Borrowing money, Call loan, Car loans, Commercial Loan, Commercial loans, Concessional funding, Concessional loan, Concessionary loan, Demand loan, Direct loan, Financing car, Government backed loan, Lended, Lending, Lending money, Lends, Loan (bank), Loan Amount, Loan Application, Loan account, Loan period, Loaned, Loaning, Loans, Money lender, Money lenders, Money lending, Money-Lending, Money-lender, Money-lenders, Moneylender, Moneylenders, Moneylending, Motorcycle Loan, Private lender, Subsidised loan, Subsidized loan, Types Of Loans.
, Loan sale, Loan shark, Loans and interest in Judaism, Mortgage, Negative amortization, NPR, OECD, Overdraft, Pay it forward, Payday loan, Peer-to-peer lending, Personal finance, PIK loan, Pledge (law), Predatory lending, Prime rate, Promissory note, Refund anticipation loan, Secured loan, Settlement (finance), Smart contract, Sponsored repayment, Stafford Loan, Student loan, Student loan default in the United States, Subsidy, Syndicated loan, Title loan, United States, Unsecured debt, Usury, 0% finance.