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term of a loan

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  • Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… …   Wikipedia

  • LOAN — (Heb. הַלְוָאָה, halva ah), a transaction in which a thing, usually money, is given by one person, called the malveh ( lender ), to another, called the loveh ( borrower ), for the latter s use and enjoyment, and in order that such thing or its… …   Encyclopedia of Judaism

  • term B lender — USA In the context of bank loans, lenders that lend term B loans. Typically they are institutional lenders (such as hedge funds) rather than commercial banks that prefer to hold the investment for the full term of the loan. Most term B lenders… …   Law dictionary

  • Loan shark — A loan shark is a person or body that offers illegal unsecured loans at high interest rates to individuals, often backed by blackmail or threats of violence. They provide credit to those who are unwilling or unable to obtain it from more… …   Wikipedia

  • term — The period of time during which a contract is in force. Bloomberg Financial Dictionary * * * ▪ I. term term 1 [tɜːm ǁ tɜːrm] noun 1. [countable] a word or expression that has a particular meaning, especially in a technical or scientific subject:… …   Financial and business terms

  • term — A word or phrase; an expression; particularly one which possesses a fixed and known meaning in some science, art, or profession. A fixed and definite period of time; implying a period of time with some definite termination. First Citizens Bank &… …   Black's law dictionary

  • Loan Modification — A modification to an existing loan made by a lender in response to a borrower s long term inability to repay the loan. Loan modifications typically involve a reduction in the interest rate on the loan, an extension of the length of the term of… …   Investment dictionary

  • Loan Modification Specialist — A mortgage specialist who deals specifically with loan modifications. Loan modification specialists work with borrowers who are close to or have defaulted on their mortgage. A loan modification is simply an adjustment made to the terms of the… …   Investment dictionary

  • term loan — A loan from a bank to a company. The term of the loan is fixed and it is drawn down (see drawdown) immediately or within a short period of signing the loan agreement as set out in the amortization schedule …   Accounting dictionary

  • term loan — A loan from a bank to a company. The term of the loan is fixed and it is drawn down (see drawdown) immediately or within a short period of signing the loan agreement as set out in the amortization schedule …   Big dictionary of business and management

  • term — term1 [ tɜrm ] noun *** ▸ 1 word/phrase for someone/something ▸ 2 for considering aspects ▸ 3 period of time ▸ 4 end of period something lasts ▸ 5 in mathematics ▸ 6 conditions of agreement ▸ + PHRASES 1. ) count a word or phrase used for… …   Usage of the words and phrases in modern English

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