loanback


Also found in: Financial.

loanback

(ˈləʊnˌbæk)
n
(Insurance) a facility offered by some life-assurance companies in which an individual can borrow from his pension fund
vb
(Insurance) to make use of this facility
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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But they do not want to pay the PS105m release clause in Felix's contract for potential and the loanback deal they propose would enable them to negotiate a better price.
CITY'S LOAN PLAN TO WIN FELIX TUSSLE
Lyonchhen said that he has no comments when it comes to thoseindicted by the investigatingagency, Anti-CorruptionCommission (ACC) but thegovernment understandsthat it is difficult to earnenough to survive in Japanas well as service the loanback home.
Not all is gloom and doom withJapan learn and earn program
"If we have to sell we'd definitely look at a loanback agreement.
AS GOOD AS GAULD; Simon coped with all the hype when he was a kid .. now he's backing Ryan to do the same

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