What is Loan?

Definition Of Loan :

Future Payment of the principal amount along with interest or other finance charges in exchange for the other party money, properly or other physical things in the works.The loan particular,for an amount of time or a certain ceiling amount may be available as an open-ended credit.

Source of 'Loan':

Loans to individuals, corporations,financial institutions and governments can come from. The Overall money supply to grow an economy open to competition ,introduce new products and expand business operations in a way.Bank loans are the primary source of income for many financial institutions, as well as by the use of credit facilities are some of the retailers.