- effecting a loan
- Arrangement of terms and completion of a loan of money; to be distinguished from the renewal of a loan. State v Love, 170 Miss 666, 150 So 196, 90 ALR 506.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
effecting loan — To bring about a loan. To accomplish, fulfill, produce or make a loan. It means the result or consequence of bringing into operation a loan; while renewal is not a loan, but an extension of the time of payment … Black's law dictionary
effecting loan — To bring about a loan. To accomplish, fulfill, produce or make a loan. It means the result or consequence of bringing into operation a loan; while renewal is not a loan, but an extension of the time of payment … Black's law dictionary
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renewal of indebtedness — The substitution of a new obligation for a pre existing indebtedness. An extension of time of payment. 34 Am J1st Lim Ac § 368. Neither borrowing of money nor effecting a loan. State v Love, 170 Miss 666, 150 So 196, 90 ALR 506 … Ballentine's law dictionary
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