direct loan

WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

Definitions from WordNet

Noun direct loan has 1 sense

direct loan - a loan by a lender to a customer without the use of a third party; direct lending gives the lender greater discretion in making loans
--₁ is a kind of loan

Definitions from the Web

Direct Loan

Definition:

A direct loan refers to a type of loan that is directly issued by the lender to the borrower without any intermediaries.

Part of Speech:

Noun

Sense 1:

An educational loan disbursed by the U.S. Department of Education.

Sample Sentence:

He qualified for a Direct Loan to pay for his college tuition.

Sense 2:

A loan provided by a financial institution directly to the borrower.

Sample Sentence:

The bank offered a direct loan at a low interest rate.

Sense 3:

When one party lends money to another party without involving any third-party lenders.

Sample Sentence:

The company owner agreed to provide a direct loan to his friend to start a business.

Sense 4:

A loan offered by the government to help recover from a natural disaster.

Sample Sentence:

The residents affected by the earthquake were eligible for direct loans to rebuild their homes.

Related Products on Amazon:

direct dye direct effect direct electric current direct evidence direct examination direct fire direct flight direct labour hour and machine hours direct loan direct mail direct mailer direct marketing direct measurements direct memory access direct object direct opposite direct primary

Sponsored (shop thru our affiliate link to help maintain this site):

Check latest bestsellers | New Arrivals in Electronics