loan for use

Definition

Express or implied contract under which a lender hands over (see delivery) an asset to a borrower. The borrower is obligated to use the asset only for its normal and proper purpose or as specified by the lender, and return it within a specified or reasonable period. Type of lend lease.


loan for use is...

... in the Banking, Commerce & Finance subject.

Nearby Terms

Search volume for loan for use

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z