De leningsovereenkomst
Example: De leningsovereenkomst moet duidelijk alle voorwaarden bevatten.
Definition
"De leningsovereenkomst" is a legal document that outlines the terms and conditions agreed upon by parties involved in a loan transaction. It specifies the loan amount, repayment schedule, interest rate, and obligations of both lender and borrower to ensure clear understanding and enforceability.
Etymology
The Dutch word "de leningsovereenkomst" combines 'lening' meaning loan, and 'overeenkomst' meaning agreement or contract. It literally translates to 'loan agreement.' This compound word reflects the straightforward nature of Dutch language construction, where key concepts are joined to form precise terms.
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"De leningsovereenkomst" appears in the Vocaplus list "Dutch - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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the loan agreement