A loan is a type of ebt. All material things can be lent; this article, however, focuses exclusively on monetary loans. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.

Trivia about loan

  • Making a "jumbo" one of these can be risky; banks have reserves to cover losses on bad ones
  • Some banks now have ALMs to let you get one of these for a car 24 hours a day
  • A temporary provision of money (usually at interest)