# Credit and Loan Agreement

**IRI:** https://folio.openlegalstandard.org/R9G7d3XzmmtzTlQIdMFMWGa

## Labels

## Definition

A Credit and Loan Agreement is a legally binding contract between a lender and a borrower that outlines the terms and conditions for the provision of credit or a loan. The agreement specifies key details such as the amount borrowed, interest rate, repayment schedule, and any collateral required, among other terms.

## Sub Class Of

- https://folio.openlegalstandard.org/RVoyN9hN3m5gy3So01ZEZ8

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