Lending Agreement
/ˈlɛndɪŋ əˈɡriːmənt/
Definitions
- (n.) A legal contract outlining the terms under which a lender provides funds to a borrower, specifying repayment, interest, and obligations.
The parties signed a lending agreement that detailed the repayment schedule and interest rate.
Forms
- lending agreements
Related terms
See also
Commentary
Lending agreements are foundational in finance law and must clearly state all terms to avoid disputes over repayment conditions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.