Difference between revisions of "Direct Loan"

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A '''direct loan''' is a disbursement of funds by the [[Government]] to a non-Federal borrower under a contract that requires the repayment of such funds with or without interest.
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'''Direct Loans''' are disbursement of funds by the [[Government]] to a non-Federal borrower under a contract that requires the repayment of such funds with or without interest.
  
 
[[Category:Budget terms]]
 
[[Category:Budget terms]]

Revision as of 18:24, December 30, 2009

Direct Loans are disbursement of funds by the Government to a non-Federal borrower under a contract that requires the repayment of such funds with or without interest.