Loan Proceeds
Banking
The net amount of funds that a lending institution disburses under the terms of a loan, and which the borrower then owes.
- — Dictionary of Banking Terms and Phrases
- — Dictionary of Banking Terms and Phrases retrieved 2014-05-16
Personal Finance
The net amount of funds a financial institution disburses under the terms of a loan, and which the borrower then owes.
- — Pocket Cents Glossary retrieved 2014-05-16