Loaning of Money
Definition
The loaning of money is when one party gives money to another with the expectation that it will be paid back, usually with interest.
Related terms
Interest Rate: This is the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Credit: Credit refers to an agreement where a borrower receives something of value now and agrees to repay the lender at some date in future, generally with interest.
Debt: Debt is something, typically money, that is owed or due. When you borrow money through a loan, you are in debt until you pay it back.
"Loaning of Money" appears in:
Study guides (1)
AP US History - 7.5 World War I: Military and Diplomacy
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
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Glossary
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Crisis Text Line
Help Center
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.