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Loan Act 1902
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be len ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petrevene 18
Petrevene ( bg, Петревене, or ) is a village in North Central Bulgaria. It is situated on the left bank of Panega river ( bg, Панега, ''also'': Zlatna Panega, bg, Златна Панега, 'Golden Panega', ''old'': , ). It is in the Municipality of Lukovit, part of the District of Lovech, and is away from the municipality center of Lukovit. The main road Transport in Bulgaria, E-83 and the railroad Cherven Bryag—Zlatna Panega pass through it. Historical records of the settlement date back from the early 15th century, during the Ottoman Empire, although evidence from the surrounding areas indicate the area was likely settled much earlier. Historically, it has been an important part of the marble trade, and is notable for its long history of shifting Pomaks, Pomak Muslim and Christians, Christian village populations and tensions. It known for its local festival, Watermelon Day – a longstanding and popular local tradition dating back to 1936. The local econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
