Bank Loan Or Bank

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Posted on October 01, 2018 at 14:16 PM

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Bank loan | Define Bank loan at
Bank loan definition, an amount of money loaned at interest by a bank to a borrower, usually on collateral security, for a certain period of time. See more.
Loan - Wikipedia
In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a connected company) acts as an intermediary between the bank or financial institution and the consumer. Unsecured.
Bank loan financial definition of bank loan
Bank loan or bank advance the advance of a specified sum of money to an individual or business (the borrower) by a COMMERCIAL BANK, SAVINGS BANK. etc. (the lender).A bank loan is a form of CREDIT which is extended for a specified period of time, usually on fixed-interest terms related to the base rate of interest, with the principal being repaid either on a regular instalment basis or in full ...

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