El contrato de préstamo
Example: Firmamos el contrato de préstamo para comprar la casa nueva.
Definition
"El contrato de préstamo" is a legal agreement in finance where one party lends money or assets to another with the expectation of repayment, often with interest, within a specified period. It outlines the terms and conditions governing the loan and its repayment.
Etymology
The phrase "el contrato de préstamo" comes from Spanish, where "contrato" means contract, derived from Latin "contractus" meaning 'a drawing together' or agreement, and "préstamo" means loan, originating from Latin "praestare" meaning 'to provide or supply.' Did you know? The concept of contracts dates back to ancient civilizations where agreements were crucial for trade and loans.
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"El contrato de préstamo" appears in the Vocaplus list "Spanish - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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the loan contract