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Over a period of many years, the borrower repays the loan, plus interest, until he/she eventually owns the property free and clear.

Mortgages are also known as "liens against property" or "claims on property." If the borrower stops paying the mortgage, the bank can foreclose.

Rutgers University economist and banking expert Joe Hughes has been made a Fellow of the Wharton Financial Institutions Center.

Although this article focuses on monetary loans, in practice any material object might be lent.

Acting as a provider of loans is one of the principal tasks for financial institutions such as banks and credit card companies.

In this video Roberto discusses what has happened with global interest rates since the Great Recession and how that has affected demand for bonds and bank loans in... Former doctoral student Ilhom Abdulloev Former doctoral student Ilhom Abdulloev has been appointed Executive Director of the Open Society Institute Assistance Foundation in Tajikistan.

Ilhom joined the Open Society Foundations in 2002 as coordinator of economic and business development in Tajikistan.