Difference between revisions of "Direct Loan"
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| − | A '''direct | + | 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. |
[[Category:Budget terms]] | [[Category:Budget terms]] | ||
Revision as of 17:45, December 30, 2009
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.
