insider lending
Definition
Advancing of loans by a bank to its own officers or directors. Some countries (notably the US) require that such loans be made at the same interest rate, repayment terms, and credit evaluation criteria as they are applicable to outside borrowers.
Popular 'Banking, Commerce & Finance' Terms
insider lending in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/insider-lending.html
