what is meant by loan ?
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2
Answer:
thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
"borrowers can take out a loan for £84,000"
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credit
advance
mortgage
overdraft
debenture
lending
moneylending
advancing
sub
verb
lend (a sum of money or item of property).
"the computer was loaned to us by the theatre"
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Answered by
1
Answer:
A sum of money which is borrowed from a person or Bank or a Institution which must be paid back in a limitied time period with interest rates.
Explanation:
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