Time Loan


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Time Loan

A loan that must be repaid by a certain, stated date. For example, a time loan's terms may state that all interest and principal must be repaid within six months.
References in periodicals archive ?
Hause joined Wolves in 2014 and spent some time loaned to Gillingham before being recalled to feature for the Wolves first team.
In those states, the amount of time loans are delinquent before they enter foreclosure and the amount of time loans spend in the foreclosure process are rising.
Calculating the impact a fast-track would have on the amount of time loans spend in foreclosure in each state is not as straightforward.
At the same time loans rose by e1/4281 million reaching a total of e1/472.402 billion.
At the same time loans taken by Mr FitzPatrick's wife and three children with Anglo were repaid.
The latest deal, backed by prime buy-to-let mortgages, included for the first time loans originated by Mortgage Trust, the former Britannic Money mortgage business that Paragon bought last July for pounds 18.7 million cash.
At present, only the Supplemental Reserve Facility, which was set up in 1997 to cope with sudden disruptions to market confidence, attracts penalty rates related to the length of time loans are outstanding.
He has also agreed to extend the deadline by which time loans to BIHL either have to be paid or converted into shares, to December 31, 2016.
According to Rajeev Talwar, Executive Director, DLF, the interest relief on first- time loans of up to 25 lakh will only perk up housing sales in suburbs outside the metros and in tier II and tier III cities.
At the same time loans for house purchase (as opposed to remortgaging) accounted for 48pc of all lending.
As a result, the number of first time loans at the end of 2008 had fallen nearly 50 per cent in Scotland since the previous year.