Loan Agreement
/ˈloʊn əˌɡriˈmɛnt/
Definitions
- (n.) A legally binding contract in which a lender provides money or property to a borrower under agreed terms for repayment.
The parties signed a loan agreement detailing the repayment schedule and interest rate.
Forms
- loan agreements
Related terms
See also
Commentary
Draft loan agreements with clear repayment terms, default conditions, and collateral provisions to reduce litigation risk.
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.