The Law Dictionary

LOAN FOR USE OR COMMODATUM

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

contracts. A bailment, or loan of an article for a certain time, to be used by the borrower, without paying for it. 2 Kent's Com. 446, 447. Sir William Jones defines it to be a bailment of a thing for a certain time, to be used by the borrower, without paying for it. Jones' Bailm. 118. According to the Louisiana Code, art. 2864, it is an agreement by which a person delivers a … [Read more...]

LLB

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Latin for Legum Baccalaureus or Bachelors of Law. See also LLM, a masters degree in law. … [Read more...]

LLC

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Limited Liability Company … [Read more...]

LOAN PAYMENT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A periodic payment made pursuant to a loan agreement. … [Read more...]

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