loan agreement
Definition
Formal document that evidences a loan. It may also include negative and positive covenants, type and value of the collateral pledged, guaranties, financial reporting requirements, applicable interest rate and fees, and how the loan will be repaid and over what period.
loan agreement is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
loan agreement appears in the definitions of the following terms:
loan servicing,
alienation,
financial covenants,
nonfeasance,
truth in lending,
cap agreement,
bond,
covenant,
troubled debt restructuring,
recourse
and
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