An acquisition loan is money borrowed specifically to purchase a company or asset.
With back to back loans two parties, each in a different country, lend money to each other in an effort to hedge against currency risk. They are also called "parallel loans."
A bridge loan is a short-term, high-interest loan that provides a quick source of cash for commercial or individual needs.  It is called a bridge loan because it serves as a bridge between one
A broker loan is a loan that the lender can obligate the borrower (a brokerage house) to repay at any time.
A bullet loan is a loan that does not amortize over time and must be repaid with a single large payment (also called a balloon payment) at the end of the term of the loan.
A call loan is a loan that the lender may force the borrower to repay at any time.
A car title loan is a short-term loan where a borrower uses the title of his or her car as collateral for the loan.
A cash flow loan is a loan, usually to a company, intended to meet daily cash needs during times when cash flow is inconsistent. These loans are short-term in nature; borrowers usually must repay
The College Work Study Program (CWSP) is a type of financial aid that a school awards to a student who has completed a FAFSA and has demonstrated a financial need. The student is given a job (usually
Sometimes referred to as a “self build loan,” a construction loan is a loan that is used to finance the construction of a new home or some other type of real estate project. The loan is made to the
A demand loan is a loan where the lender may require the borrower (a brokerage house) to repay at any time. These loans may also be called a broker loan or call loan,
The discount rate, also known as the Fed discount rate, is the interest rate charged to commercial banks and other institutions on loans from a Federal Reserve bank. This process is a key tool of
With a guaranteed loan, a party other than the borrower has promised to take responsibility if the borrower cannot make the payments. The entity assuming this responsibility is called the guarantor
A hard loan is a loan between a lender and borrower in different countries that is denominated in a hard currency.
A hard money loan is a short-term loan that uses the value of real property owned by the borrower as its collateral.
An installment loan is a type of loan that is repaid in periodic installments (usually monthly payments) that include principal and interest.
A loan is a sum of money that is borrowed by an individual or business from a lender (typically a financial institution or another party with money).
A loan loss provision is an expense that is reserved for defaulted loans or credits.  It is an amount set aside in the event that the loan defaults.
Loan loss reserves are accounting entries banks make to cover estimated losses on loans due to defaults and nonpayment.
Loan sharking refers to predatory lending practices by individuals or organizations (aka loan sharks) that charge extraordinarily-high interest rates.
Loan syndication is a lending process in which a group of lenders provide funds to a single borrower.
The loan-to-value (LTV) ratio is a calculation that helps lenders measure mortgage risk. The formula to calculate the loan-to-value ratio is: Loan to value = Mortgage amount / Appraised value of
Negative amortizing loans are loans in which the loan's principal balance increases even though the borrower is making payments on the loan.
Negatively amortizing loans are loans in which the loan's principal balance (usually a mortgage) increases even though the borrower is making payments on the loan.
A nonperforming loan is a loan that is close to defaulting or is in default.
A payday loan is an advance on one’s paycheck. Independent lenders and some large banks offer the service.
A signature loan is a loan offered by banks or other financial institutions that does not require collateral. Signature loans are also known as personal or unsecured loans since they are not secured
A syndicated loan is a loan made by a group of lenders who share or participate in a specific loan given to a project.
A take-out loan is a loan that replaces another loan.
A tax refund anticipation loan (TRAL) is a short-term loan from a third party. The loan is collateralized by the borrower's pending tax refund.
A teaser loan is usually an adjustable-rate mortgage (ARM) with an artificially low initial interest rate.
A term loan has a set maturity date and usually has a fixed interest rate.
An unsecured loan is debt that does not have any collateral attached.
A working capital loan is a loan used by companies to cover day-to-day operational expenses.