loan company


loan company
A company engaged in the making of loans, usually secured loans.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • loan company — loan company, an organization that lends money to individuals, especially a finance company that makes small loans …   Useful english dictionary

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  • small loan company — noun a finance company that makes loans to people who have trouble getting a bank loan • Syn: ↑consumer finance company • Hypernyms: ↑finance company • Hyponyms: ↑industrial bank, ↑industrial loan company …   Useful english dictionary

  • industrial loan company — noun a finance company that makes small loans to industrial workers • Syn: ↑industrial bank • Hypernyms: ↑consumer finance company, ↑small loan company …   Useful english dictionary

  • small loan company — A company making loans in comparatively small amounts, usually secured by chattel mortgage, conditional sale contract, or pledge …   Ballentine's law dictionary

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  • loan-to-own — USA A strategy used by investors to take control of a distressed company, often through bankruptcy proceedings. The strategy involves investing in the distressed company s debt (which is typically secured (security) by the company s assets) to… …   Law dictionary

  • loan syndication — lending by a group. The size of some loans is so large that no single financial institution would possess either the resources or the inclination to lend the entire sum on its own. In such cases a syndicate of institutions is formed to provide… …   Law dictionary

  • loan relationship — Broadly, a company has a loan relationship whenever: • The company stands (whether by reference to a security or otherwise) in the position of a creditor or debtor as regards a money debt; and • That debt is one arising from a transaction for the …   Law dictionary


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