# Lending Practice

**IRI:** https://folio.openlegalstandard.org/RmiM5JwX7zJYQs8QRneJYR

## Labels

**Alternative Labels:**

- Loan
- LOA

**Translations:**

- de-de: Kreditvergabepraxis
- en-gb: Lending Practice
- es-es: Práctica de préstamo
- es-mx: Práctica de préstamo
- fr-fr: Pratique de prêt
- he-il: מעשה הלוואה
- hi-in: उधार देने की अभ्यास
- ja-jp: 貸出実践
- pt-br: Prática de empréstimo
- zh-cn: 借贷实践

**Hidden Label:** LOA

## Definition

A transaction whereby property is lent or given to another on condition of return or, where the loan is of money, repayment. In a loan of money, the money lent becomes the property of the borrower during the period of the loan against an undertaking to return a sum of an equivalent amount either on demand or on a specified date or in accordance with an agreed schedule of repayments.

## Sub Class Of

- https://folio.openlegalstandard.org/RZGfmXsIBYoRaOo5gXdeTP

## Parent Class Of

- https://folio.openlegalstandard.org/R9qWOyiOCY9v0cF2P0cRjvx

## See Also

- https://folio.openlegalstandard.org/R7xqVevh0JKSwX977TRIZQV

**Deprecated:** False

**Identifier:** T-FIN-LOA