Business Studies, asked by aizelastrologoquibet, 8 months ago

Fo you What is loan?

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Answered by Anonymous

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$\huge\pink{Answer}$

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.

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