- failure to repay a loan
- annulment of a debt, non-repayment of a loan
English contemporary dictionary. 2014.
English contemporary dictionary. 2014.
Collateralized loan obligation — Collateralized loan obligations (CLOs) are a form of securitization where payments from multiple middle sized and large business loans are pooled together and passed on to different classes of owners in various tranches. A CLO is a type of… … Wikipedia
Payday loan — A shop window in Falls Church, Virginia advertises payday loans. A payday loan (also called a paycheck advance) is a small, short term loan that is intended to cover a borrower s expenses until his or her next payday. The loans are also sometimes … Wikipedia
Friendly Loan — A loan agreement between associates. This type of loan is known as a friendly loan because the agreement is usually made between friends, family or acquaintances. These types of loan agreements are rarely legally documented and stipulations are… … Investment dictionary
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HELOC — A home equity line of credit (often called HELOC and pronounced HEE lock) is a loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower s equity in his/her… … Wikipedia
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Mark Cuban — with the Larry O Brien trophy at the Dallas Mavericks championship parade Born July 31, 1958 (1958 07 31) (age 53) Pittsburgh, Pennsylvania, U.S … Wikipedia
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PLEDGE — The Concept In Jewish law, in addition to the personal right of action against the debtor, the creditor also has a right of lien on the latter s property. This lien automatically comes into being when the debt is created and is termed aḥarayut… … Encyclopedia of Judaism