In finance, a loan is the lending of money from one individual, organization or entity to another individual, organization or entity. A loan is a debt provided by an entity (organization or individual) to another entity at an interest rate, and evidenced by a promissory note which specifies, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower.
In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time.
The loan is generally provided at a cost, referred to as interest on the debt, which provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice any material object might be lent.
The core group of generic top-level domains consists of the com, info, net, and org domains. In addition, the domains biz, name, and pro are also considered generic; however, these are designated as restricted, because registrations within them require proof of eligibility within the guidelines set for each.
Historically, the group of generic top-level domains included domains, created in the early development of the domain name system, that are now sponsored by designated agencies or organizations and are restricted to specific types of registrants. Thus, domains edu, gov, int, and mil are now considered sponsored top-level domains, much like the themed top-level domains (e.g., jobs). The entire group of domains that do not have a geographic or country designation (see country-code top-level domain) is still often referred to by the term generic TLDs.
In sports, a loan involves a particular player being allowed to temporarily play for a club other than the one he is currently contracted to. Loan deals may last from a few weeks to all season-long and can also be for a few seasons.
Players may be loaned out to other clubs for several reasons. Most commonly, young players will be loaned to a club in a lower league in order to gain valuable first team experience. In this instance, the parent club will continue to pay the player's wages in full. Some clubs put a formal arrangement in place with a feeder club for this purpose, such as Manchester United and Royal Antwerp,Arsenal and Beveren, or Chelsea and Vitesse. In other leagues such as Italy's Serie A, some smaller clubs have a reputation as a "farm club" and regularly take players, especially younger players, on loan from larger clubs.
A club may take a player on loan if they are short on transfer funds but can still pay wages, or as temporary cover for injuries or suspensions. The parent club might demand a fee and/or that the loaning club pays some or all of the player's wages during the loan period. A club might seek to loan out a squad player to make a saving on his wages, or a first team player to regain match fitness following an injury.
A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations organizations may partner together to increase the likelihood of each achieving their mission and to amplify their reach. A partnership may result in issuing and holding equity or may be only governed by a contract. Partnership agreements can be formed in the following areas:
Business: two or more companies join forces in a joint venture or a consortium to i) work on a project (e.g. industrial or research project) which would be too heavy or too risky for a single entity, ii) join forces to have a stronger position on the market, iii) comply with specific regulation (e.g. in some emerging countries, foreigners can only invest in the form of partnerships with local entrepreneurs). In this case, the alliance may be structured in a process comparable to a Mergers & Acquisitions transaction.
In the sport of cricket, two batsmen always bat in partnership, although only one is on strike at any time. The partnership between two batsmen will come to an end when one of them is dismissed or retires, or the innings comes to a close (usually due to victory being achieved, a declaration, a time or over limit being reached, or the match being abandoned in mid-innings for inclement weather or, exceptionally, dangerous playing conditions). Various statistics may be used to describe a partnership, most notably the number of runs scored during it (either by the batsmen or as extras), the duration of the partnership both in time (usually quoted in minutes) and number of deliveries (balls) faced. Partnerships are often described as being for a particular wicket (for example, a "third wicket partnership", also called a "third wicket stand"—in this context, the "opening partnership" between the two opening batsmen is the "first wicket partnership"). This has the anomalous result that a partnership may be between more than two batsmen, if one of the original batsmen retires hurt but not out, since the particular numbered wicket will not have fallen yet.
In Australia, each state has enacted legislation regarding partnerships.
The definition of a partnership does not vary across jurisdictions, with each definition encompassing the following criteria in determining the existence of a partnership:
Valid Agreement between the parties;
To carry on a business - as opposed to a single or isolated transaction, which suggests a Joint venture.;
In Common - meaning there must be some mutuality of rights, agency, interests and obligations;
View to Profit - partnerships must form with a view to profit. Other business structures such as charities and sporting clubs do not seek to share profits and liabilities, and are thus treated differently under each state jurisdiction's respective Associations Incorporation Act.
Who is a partner?
As to whether any given person involved with a company is a 'partner', guidance is found in s.6 of the Act. Several rules are given. The most common are as follows:
Rule 1 - s.6(1)provides that there must be joint-ownership. This is rather self-explanatory but the mere fact that persons may be joint-tenants or have part ownership do not in themselves create a partnership. Typically, where the rules below point towards a partnership, such would generally satisfy this rule.
This syndicated loan facility is a landmark deal that exhibits the strong partnership between government financial institutions and private domestic banks in the Philippines to support Cebu Pacific who along with the entire airline industry have been severely impacted by the COVID pandemic.
The partnership announcement ... As part of the new program, DoorDash will match loans for women-owned businesses, up to $150,000 total, through their partnership with Kiva, a global nonprofit whose mission is to expand financial access ... Los Angeles Sparks partnership sponsorship WNBA.
Just last month another of CR2’s customers – Nigeria’s Access Bank – Africa’s largest retail bank with 40 million customers – launched its LSETF-W Initiative Loans in partnership with Lagos State Employee Trust Fund (LSETF) to address and tackle financing gaps for female businesses and give them the tools to thrive.
... The acquisition money is likely to come from Panasonic’s own funds, though loans or other financing may also be considered for the purchase, the report said. The Japanese company deepened its partnership with Blue Yonder in May, gaining a seat on its board after acquiring a minority stake ... Reuters .
(Photo courtesy of VictoriaGonzales) ... (Photo courtesy of Victoria Gonzales) ... Wednesday, March, 03 , 2021 ... The project is funded in part by a $700,000Metropolitan Redevelopment Agency loan, the release said. The MRA focuses on revitalizing sections of the city through public-private partnerships that utilize bonds to partially fund the projects ... .
have turned to the PaycheckProtectionProgram (PPP) – a loan process created by the federal government for struggling enterprises to mitigate the economic effects of COVID-19 – for assistance in keeping their companies afloat ... Unlike the national average loan size of ...
Nowlan was able to access loans for the project through StartUp Hutch and the DowntownHutchinson Revitalization Partnership. With the help of the state IWW (Incentives WithoutWalls) Loan ... One is a zero-interest loan with a five-year maturity and the other is 6%, Nowlan said.
PNB Housing and YesBank will jointly do due diligence and co-originate the loan at an agreed ratio ... Rajan Pental, GlobalHead of Retail Banking at Yes Bank said that the partnership provides ease of loan sanctions at borrower's convenience through digital lending platforms, thereby enabling home-buyers to fulfil their dreams and aspirations. .
... offer retail loans to home buyers ... Rajan Pental, GlobalHead, Retail Banking, YESBank, said the partnership will provide a wider range of real estate financing options to borrowers as well as ease of loan sanctions at the borrower’s convenience through digital lending platforms.
(CEB) today ( March 5) signed a P16 billion ten-year term loan facility with a syndicate of domestic banks ... The syndicated loan was a landmark deal demonstrating a strong partnership between government financial institutions and private domestic banks to support CEB after it was hard hit by the pandemic.
This syndicated loan facility is a landmark deal that exhibits the strong partnership between government financial institutions and private domestic banks to support Cebu Pacific who along with the entire airline industry have been severely impacted by the Covid-19 pandemic.
In response to the pandemic, ADB is taking major steps in providing critical finance for the government to implement its pro-poor fiscal and monetary policy, introducing best practice, building capacity, and sharing knowledge through close partnerships with all stakeholders.