LOAN AGREEMENT
\lˈə͡ʊn ɐɡɹˈiːmənt], \lˈəʊn ɐɡɹˈiːmənt], \l_ˈəʊ_n ɐ_ɡ_ɹ_ˈiː_m_ə_n_t]\
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Formal document, the signed contract, evidence a loan. Negative and positive covenants, guaranties, financial reporting requirements, applicable interest rate and fees, and how the loan will be repaid and over what period, type and value of the collateral pledged, are some of the parts and inclusions to a loan agreement.
By Henry Campbell Black
