loanees
Those who borrow
Loanees are people who receive loans—the borrowers in a lending arrangement.
The word is the counterpart to lenders or loaners: The bank requires all loanees to provide proof of income.
It appears mainly in financial and administrative contexts, where distinguishing the parties to a loan matters.
Those receiving instruction
- homebuyersPeople acquiring residential property
- entrepreneursThose who launch ventures
- consumersThose who buy goods
- tenantsProperty renters
mortgagors · lessees · renters · applicants · recipients · beneficiaries · grantees · debtors
Attention, stake, or fee
- defaultPreset standard option
- insolvencyInability to pay debts
- bankruptcyLegal status when insolvent
- arrearsOverdue financial obligations
delinquency · overdue · foreclosure · collections · penalties · late fees · dunning · write-off
Ability to repay debts
- scoreNumerical standing in competition
- ratingAssigned evaluative score
- historyRecord of past events
- reportFormal written findings
bureau · utilization · inquiries · identity · fraud · monitoring · alerts · approval
Periodic partial payment
- amortizationGradual debt reduction schedule
- due dateWhen payment is required
- interest rateCost of borrowing money
- monthly paymentRecurring scheduled remittance
principal · payback · remittance · settlement · disbursement · grace period · late fee · penalty
Required moral task
- responsibilityState of being answerable
- commitmentFirm pledge to act
- covenantBinding formal pledge
- guaranteeFormal promise of fulfillment
bond · liability · accountability · requirement · undertaking · agreement · contract · terms
students
Those receiving instruction
- homebuyersPeople acquiring residential property
- entrepreneursThose who launch ventures
- consumersThose who buy goods
tenants · mortgagors · lessees · renters · applicants · recipients · beneficiaries · grantees · debtors · borrowers
interest
Attention, stake, or fee
- defaultPreset standard option
- insolvencyInability to pay debts
- bankruptcyLegal status when insolvent
arrears · delinquency · overdue · foreclosure · collections · penalties · late fees · dunning · write-off · restructuring
creditworthiness
Ability to repay debts
report · bureau · utilization · inquiries · identity · fraud · monitoring · alerts · approval · denial
installment
Periodic partial payment
- amortizationGradual debt reduction schedule
- due dateWhen payment is required
- interest rateCost of borrowing money
monthly payment · principal · payback · remittance · settlement · disbursement · grace period · late fee · penalty · prepayment
duty
Required moral task
- responsibilityState of being answerable
- commitmentFirm pledge to act
- covenantBinding formal pledge
guarantee · bond · liability · accountability · requirement · undertaking · agreement · contract · terms · conditions
loaneesloaners
Temporarily provided substitutes
lenders · creditors · mortgagors · lessors · financiers
- loaner carTemporary replacement automobile
- loaner phoneTemporary substitute device