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  2. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...

  3. Joint and several liability - Wikipedia

    en.wikipedia.org/wiki/Joint_and_several_liability

    [2] Example: AnyBank and AnotherBank join as a syndicate to lend to Credit-Hungry Industries, Inc. The agreement provides that each bank is severally liable for its own part of the loan. AnyBank fails to advance its agreed part of the loan: Credit-Hungry can sue only AnyBank, and AnotherBank has no liability.

  4. Back-to-back loan - Wikipedia

    en.wikipedia.org/wiki/Back-to-back_loan

    A Back-to-back loan is a loan agreement between entities in two countries in which the currencies remain separate but the maturity dates remain fixed. The gross interest rates of the loan are separate as well and are set on the basis of the commercial rates in place when the agreement is signed. [1]

  5. Memorandum of understanding - Wikipedia

    en.wikipedia.org/wiki/Memorandum_of_understanding

    The Memoranda of Understanding on Labour Cooperation between the People's Republic of China, Singapore and New Zealand on 2008, in parallel with their respective free trade agreements The Under2 Coalition is a 2015 memorandum of understanding which sets climate change mitigation goals for jurisdictions with over 1 billion residents.

  6. Profit and loss sharing - Wikipedia

    en.wikipedia.org/wiki/Profit_and_loss_sharing

    Some scholarly definitions of it include: "Agreement for association on the condition that the capital and its benefit be common between two or more persons", [25] "An agreement between two or more persons to carry out a particular business with the view of sharing profits by joint investment" (Ibn Arfa), [26] "A contract between two persons ...

  7. Student loan forbearance vs. deferment: Key differences and ...

    www.aol.com/finance/student-loan-forbearance-vs...

    Almost 43 million Americans carry student loan debt. Forbearance and deferment are two ways borrowers can freeze their payments. Here are some factors to consider before requesting either one.

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