loan for use |
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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.
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loan for use is in the Banking, Commerce & Finance subject.
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http://www.businessdictionary.com/definition/loan-for-use.html