Il contratto di prestito
Example: Il contratto di prestito deve essere firmato da entrambe le parti.
Definition
"Il contratto di prestito" is a financial agreement in which one party lends money or assets to another under specified terms, including repayment schedule and interest. It legally binds both parties to fulfill their obligations as outlined in the contract.
Etymology
The phrase "il contratto di prestito" combines Italian words where "contratto" means contract, derived from Latin 'contractus' meaning agreement, and "prestito" means loan, originating from the Latin 'praestare', meaning to provide or repay. Together, they reflect a formal agreement to lend.
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"Il contratto di prestito" appears in the Vocaplus list "", containing 150 commonly used words.
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the loan contract