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Encyclopedia Britannica



LOAN (adapted from the Scandinavian form of a word common to Teutonic languages, cf. Swed. Mn, Icel. lan, Dut. leen; the O.E. laen appears in " lend," the ultimate source is seen in the root of Gr. Xeiaecv and Lat. linquere, to leave)

This article appears in Volume V16, Page 834 of the Encyclopedia Britannica.

Encyclopedia Britannica - Main :: LEO-LOB
LOAN (adapted from the Scandinavian form of a word common to Teutonic languages, cf. Swed. Mn, Icel. lan, Dut. leen; the O.E. laen appears in " lend," the ultimate source is seen in the root of Gr. Xeiaecv and Lat. linquere, to leave) , that which is lent; a sum of money or something of value lent for a specific or in-definite
period
  when it or its equivalent is to be repaid or returned, usually at a specified
rate
  of
interest
  (see
USURY
  and MONEY-LENDING). For public loans see
FINANCE
 ,
NATIONAL
 
DEBT
 , and the various sections on
finance
  under the names of the various countries.


End of Article: LOAN (adapted from the Scandinavian form of a word common to Teutonic languages, cf. Swed. Mn, Icel. lan, Dut. leen; the O.E. laen appears in " lend," the ultimate source is seen in the root of Gr. Xeiaecv and Lat. linquere, to leave)


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