: a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usually with interest broadly : the furnishing of something to another party for temporary use with the agreement that it or its equivale...
and not a gift. He is threatening to take me to court but I have never signed a promisary note or even a verbal agreement to repay as I do not have the money. I am not sure what to do and can he sue me when I did not even know that I was apparently "borrowing" this money?
Saying “no” is hard when a friend comes asking, but if you need that money, refusing thc is probably the safest course of action. If you still feel the need to lend, making a legally binding (有法律约束的) agreement and putting things down in writing could guarantee instalments (分期...
a loan agreement贷款协议 Wordfinder account balance bank credit debit deposit interest loan statement withdrawal CollocationsFinanceFinance财务Income收入 earnmoney/cash/(informal)a fortune/the minimum wage/a living wage makemoney/a fortune/(informal)a killing on the stock market在股市上赚...
1. An instance of lending: a bank that makes loans to small businesses. 2. a. A sum of money that is lent, usually with an interest fee: took out a loan to buy a car; repaid the loan over five years. b. The agreement or contract specifying the terms and conditions of the repay...
The meaning of LOAN is money lent at interest. How to use loan in a sentence. Loan vs. Lend: Usage Guide
A loan agreement states the interest rate, the repayment period, the collateral (if any) and any special terms. Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights ReservedWant to thank TFD for its existence? Tell a friend about us, add a link to this page, or visit the ...
118. According to the Louisiana Code, art. 2864, it is an agreement by which a person delivers a thing to another, to use it according to its natural destination, or according to the agreement, under an obligation on the part of the borrower, to return it after he shall have done ...
an exhibition of paintings on loan from private collections借用私人收藏品举办的画展loansomething (to somebody)The bank is happy to loan money to small businesses.银行乐于贷款给小型企业。loansomebody somethingA friend loaned me $1 000.有一位朋友借给我 1 000 美元。loansomething (out) (to ...
you set expectations with the other party, leaving nothing for interpretation. The document serves as legal proof that money was borrowed, a plan has been created for returning it, and specifies what happens if the plan isn’t followed. Here’s a breakdown of how to draft a loan agreement....