Your browser does not seem to support JavaScript. As a result, your viewing experience will be diminished, and you have been placed in read-only mode.
Please download a browser that supports JavaScript, or enable it if it's disabled (i.e. NoScript).
an amount of money that someone borrows and on which they start to pay interest as soon as they receive it. The rate of interest for this type of loan is usually higher than for other types of loan:
Share your knowledge with the community
Browse our collection of 300,000+ community-written definitions
