Social Sciences, asked by vinayak2693, 10 months ago

what is mean by loans

Answers

Answered by sjain9874

3

Explanation:

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, and also to repay the principal amount borrowed.

Answered by shefa9583

3

Answer:

Hey mate!

Here is your answer.

Loan means the money you lend to someone.

Hope it helps you.

If it does then please mark as brainliest.

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