Closed End Loan Contract

From Open Risk Manual

Definition

Closed End Loan Contract. A loan contract that has an amount borrowed for a fixed amount of time, and is not considered open ended


See Also

  • 2015 Revised HMDA regulation


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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