Business terms and jargon explained. Your business dictionary

What is Loan

This is when a sum of money is given to and will need to be paid back. There is normally interest to be paid back in addition to the loan. E.g. company A loans 100K to company B with 10% interest charged. Company B will have to pay back 110K back to company A. (100K + 10K interest)

The loan can be paid back in instalment or a lump sum depending on what has been arranged. If the loan was for one year either
1) The 110K is payable after the one year has expired or
2) There is 12 instalments of 9,166.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

 

AMOGA	Berne Convention	Refer to drawer	NGO
County Court	Contingent Beneficiaries	Merger	Horizontal integration
External growth	Transposition - EU	Standard terms and conditions	Nontrade receivables
Compensation	Dongle	Tied loan	Variance
Writ of Execution	Username	Real Wage Flexibility	Entitled Destinations
Retail Financial Services	Qualification period	Firmware	In solidum
Pegging	Warranties	Cash Flow	Functionality
Capital Goods Scheme	Lat	E-Zine	Mission critical
Pre-Finance Goods	Forwarding Agent	Capital Gains	PLN
Internal Control	Home Bias	XU	Surge Protector

Term created / updated 2005-07-16 23:12:15

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.