transaction loan

transaction loan
A loan extended by a bank for a specific purpose. lines of credit ( line of credit) and revolving credit agreements involve by contrast loans that can be used for various purposes. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • transaction loan — loan intended to a specific use …   English contemporary dictionary

  • Transaction loan — A loan extended by a bank for a specific purpose. In contrast, lines of credit and revolving credit agreements involve loans that can be used for various purposes. The New York Times Financial Glossary …   Financial and business terms

  • LOAN — (Heb. הַלְוָאָה, halva ah), a transaction in which a thing, usually money, is given by one person, called the malveh ( lender ), to another, called the loveh ( borrower ), for the latter s use and enjoyment, and in order that such thing or its… …   Encyclopedia of Judaism

  • loan agreement — UK See facility agreement. + loan agreement USA Also known as a credit agreement. The main transaction document for a loan financing between one or more lenders and a borrower. It sets out the: • Terms of the loan …   Law dictionary

  • loan — n 1 a: money lent at interest b: something lent usu. for the borrower s temporary use 2: a transfer or delivery of money from one party to another with the express or implied agreement that the sum will be repaid regardless of contingency and usu …   Law dictionary

  • loan transaction — index mortgage Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • loan notes — Debt securities or instruments. They may be offered by a buyer or bidder, often as an alternative to cash in a takeover and can be a useful method, subject to the satisfaction of certain conditions, of enabling a selling shareholder to defer any… …   Law dictionary

  • loan note — Debt securities or instruments. They may be offered by a buyer or bidder, often as an alternative to cash in a takeover and can be a useful method, subject to the satisfaction of certain conditions, of enabling a selling shareholder to defer any… …   Law dictionary

  • transaction bible — England, Wales Also known as bible or bible of documents . The set of main documents signed in a deal which are grouped together for ease of reference. In a loan transaction, the lender s solicitor usually prepares the bible and circulates copies …   Law dictionary

  • loan relationship — Broadly, a company has a loan relationship whenever: • The company stands (whether by reference to a security or otherwise) in the position of a creditor or debtor as regards a money debt; and • That debt is one arising from a transaction for the …   Law dictionary

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