Bank Loans Definition Of Bank Loans By The Free Dictionary

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Bank Loans financial definition of Bank Loans
bank loan or bank advance the advance of a specified sum of money to an individual or business (the borrower) by a COMMERCIAL BANK, SAVINGS BANK. etc. (the lender).A bank loan is a form of CREDIT which is extended for a specified period of time, usually on fixed-interest terms related to the base rate of interest, with the principal being repaid either on a regular instalment basis or in full ...
Bank legal definition of bank - Legal Dictionary
bank. n. 1) an officially chartered institution empowered to receive deposits, make loans, and provide checking and savings account services, all at a profit.
Bank | Define Bank at
to form into a bank or heap (usually followed by up): to bank up the snow. to build (a road or railroad track) with an upward slope from the inner edge to the outer edge at a curve. Aeronautics .

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