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Loan
(redirected from Loan Amount)

    Also found in: Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
Loan
When a lender gives money or property to a borrower, and the borrower agrees to return the property or repay the borrowed money along with interest, at a predetermined date in the future.

Notes:
Borrowing money to buy a new car is a loan, as is borrowing money to construct a specialty coffee shop in your kitchen... we all have dreams.

Loan
Temporary borrowing of a sum of money. If you borrow $1 million you have taken out a loan for $1 million.
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? Mentioned in ? References in periodicals archive
 
The Home Ownership and Equity Protection Act of 1994 restricts credit terms such as "balloon payments" and requires additional disclosures when total points and fees payable by the consumer exceed the fee-based trigger (initially set at $400 and adjusted annually) or 8 percent of the total loan amount, whichever is larger.
Annual adjustment of fee-based trigger amount for additional ... by Federal Reserve Bulletin
5 million and raises the maximum loan amount from $250,000 to $350,000 for paperwork-friendly SBA Express loans.
Congress passes loan program to aid small manufacturers by Modern Casting
Small Business Administration once again guaranteed the greatest aggregate loan amount among the 70 SBA offices nationwide for the year ended Sept.
Advocates Criticize SBA Lending Pattern in Inner City by BRINSLEY, JOHN / Los Angeles Business Journal
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