Home > Term: loan balance
loan balance
The current outstanding principal of a commercial line of credit loan. If this account is an LMA, loan balance is the principal balance (i.e. the amount borrowed less any principal repayments made) on this loan.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Financial services
- Category: Funds
- Company: Merrill Lynch
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- MJ63
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