Loan is an amount of money borrowed from advancer and it is a type of debt, to be repaid at a later date, usually with interest. Legally, a loan is a contract between a buyer (the borrower) and a seller (the lender), enforceable under the Uniform Commercial Code in most states.
There are different type of loans like house, car, business, eduction etc. Loan Glossary provides you a comprehensive list of Loans and mortgage related words and its short description/meaning.
This application will help in understanding this terminology in better way.
FEATURES:
- No Internet connectivity required
- Search through our database in alphabetical order
- Search using keyword
- Audio Notes allows you to records notes for future reference
- Add/Edit Text notes for selected terminology
- Add term to your favorite list
- Email term to your friends and family
- Change the font size for better reading experience