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loan

Definition:

(nou) the temporary provision of money (usually at interest) (nou) a word borrowed from another language; e.g. `blitz' is a German word borrowed into modern English

Phonetic Transcription:

ləʊn

Examples:

The unpaid loan is now in default.

Heritage gave notice to Genel of its election to repay the loan and the cash calls.

It could be an interest only loan, or an amortized loan.

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loan

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