Lending Regulations
/ˈlɛndɪŋ ˌrɛɡjʊˈleɪʃənz/
Definitions
- (n.) Statutory and administrative rules governing the conditions, procedures, and limits under which loans may be made and managed.
The lending regulations require banks to assess borrowers' creditworthiness before issuing loans.
Forms
- lending regulations
- lending regulation
Related terms
See also
Commentary
Lending regulations are essential in controlling risk and protecting consumers; drafters should ensure clarity on applicable entities and loan types covered.
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.