Business / Debt / Unsecured Loan: An unsecured loan is a loan where the lender has no entitlement to any of the borrower's assets in the event of the borrower failing to make the loan repayments. Such a loan normally carries a higher interest rate than a secured loan.
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Loan Verb Synonyms: advance, allowance, credit, accommodation
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Business / Real Estate / Piggyback Loans: A loan divided into two parts with one lender taking a secondary security position. MORE
Business / Finance / Policy Loan: A loan often made at a below-market interest rate from an insurance company to a policyholder that is secured by the cash surrender value of a life insurance policy. MORE
Business / Finance / Policyholder Loan Bonds: Packaged loans acquired by policyholders that are secured by the cash surrender value of the policies, and are offered by a broker/dealer as bonds. MORE
Business / Real Estate / Portfolio Loan: A loan originated and maintained by the lender and not sold in the secondary mortgage market. MORE
Business / Debt / Personal Loan: Loans available from banks and other financial institutions to private individuals for personal use such as the purchase of a motor vehicle, holiday or similar item are personal loans. Repayment perio MORE
Business / Finance / Participation Loan: A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender. MORE