means something that is lent, especially money
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Answer is "Loan".
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Loans mean something that is lent, especially money.
- A loan is a financial transaction in which one or more individuals, organizations, or other bodies lend money to another person, institution, or body.
- In addition to repaying the principal amount borrowed, the trustee incurs a debt generally has to pay interest on that obligation until repayment.
- The principal amount borrowed, the interest rate set by the lender, and the repayment are usually included in documents confirming the debt.
- Each of these obligations and restrictions is anchored in a statutory loan agreement, which can also impose additional restrictions, so-called loan agreements, on the borrower. While the focus of this essay is on cash advances, in reality, any physical item can be borrowed.
- One of the primary functions of financial institutions such as banks and credit card companies is to provide credit. The issuance of debt securities such as bonds is a common source of funding for other institutions.
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