rajas

Define Bank Loans?

Hey guys. I am preparing for my mid-term examination. Can you help me on bank loans.
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albertein
"A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower. "
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cristelle
"Within a mortgage, your customer initially receives as well as borrows an amount of funds, the major, from your loan company, and is particularly obligated to spend back again or settle the same income for the lender at a later date. Generally, the amount of money pays back frequent repayments, or maybe partially monthly payments; in an rente, each installation is identical quantity. "
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