Business Loan Law and Legal Definition
According to 12 CFR 34.42 [Title 12 -- Banks and Banking; Chapter I -- Comptroller of the Currency, Department of the Treasury; Part 34 -- Real Estate Lending and Appraisals; Subpart C – Appraisals], business loan means “a loan or extension of credit to any corporation, general or limited partnership, business trust, joint venture, pool, syndicate, sole proprietorship, or other business entity.”
Legal Definition list
Related Legal Terms
- Acquisition and Improvement Loan [Veterans' Relief]
- Acquisition Loan [HUD]
- Acquisition, Development and Construction (ADC) Loan
- Adjustable Rate Mortgage Loan
- Administrative Cost of Issuing a Loan Guarantee
- Affected Item of Business
- Affiliated Business Arrangement
- Agribusiness
- Air Loan
- Allowance for Loan and Lease Losses
