Business and Personal Finance Dictionary

# 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 

• LOAN PACKAGE - The complete file of all items necessary for the lender to decide to approve, or disappr...
  
  
• LOAN PARTICIPATION - (1) the buying of portions of outstanding loans by investors, who then participate...
  
  
• LOAN PARTICIPATION FUND - A mutual fund that buys unrated or "junk" bonds that are thinly traded. If it...
  
  
• LOAN PORTFOLIO - the total of all the loans that a financial institution, or other lender, holds at a g...
  
  
• LOAN PRE-APPROVAL - The loan is approved before the borrower bids on or offers for the property.
  
  
• LOAN PREFERENCE PRINCIPLE - The theory that a covered loan is less expensive when its cost is calculate...
  
  
• LOAN PROCEEDS - the net amount of funds that a lending institution disburses under terms of a loan, and...
  
  
• LOAN PROCESSING - all the steps taken by a lending institution from the time a loan application is rece...
  
  
• LOAN PROCESSING FEE - A charge levied by a lender for accepting a loan application and gathering the su...
  
  
• LOAN PRODUCT - The loan program that dictates the finance type, amortization term and other pertinent l...