Loan | Definition of Loan by Merriam-Webster

Definition of loan for Students




:  to give to another for temporary use with the understanding that the same or a like thing will be returned loan a book loan money

Law Dictionary


Legal Definition of loan

1a :  money lent at interest b :  something lent usually for the borrower's temporary use

2 :  a transfer or delivery of money from one party to another with the...

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Term loan financial definition of term loan

Term loan financial definition of term loan

Also found in: Acronyms , Wikipedia .

Term loan

A bank loan , typically with a floating interest rate , for a specified amount that matures in between one and ten years, and requires a specified repayment schedule.

Term Loan

A loan from a bank with a floating interest rate , the total amount of which must be paid...

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What is Amortization Schedule? definition and meaning

amortization schedule


The schedule of payments for paying off a loan . An amortization schedule breaks down the payments into interest and principal , which is helpful because with an amortized loan these the amounts vary with each payment. Typically, an amortization schedule will also include additional information such as the amount of interest and principal paid , as...

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Related topics : amortization schedule loan / amortization loan definition / amortization loan

Home Loan EMI Calculator -

How to use's EMI calculator to understand your loan repayment

What is an EMI?

EMI stands for Equated Monthly Instalment which is a fixed amount of payment a borrower has to make to the lender at a specified date on monthly basis. EMIs consists of your principal loan amount and interest amount, payable every month.

Although the EMI remains fixed for every month, the amount paid...

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Related topics : calculating loan interest / calculating loan payments in excel / calculating loan payments formula / loan emi calculator excel sheet / loan calculator emi excel

What is amortization? definition and meaning ...

2. Gradual repayment of a loan in equal...

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Mortgage Payment Calculator –

Mortgage Payment Calculator

How much will your monthly mortgage payment be?

Use our mortgage loan calculator to determine the monthly payments for any fixed-rate loan. Just enter the amount and terms, and our mortgage calculator does the rest. Click on "Show Amortization" Table to see how much interest you'll pay each month and over the lifetime of the loan. The mortgage loan calculator will also...

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Related topics : loan payment calculator mortgage / amortization loan calculator extra payment / loan calculator payment amount / loan mortgage rate calculator / mortgage loan rate of interest