Onloan
Definition, Meaning & Examples
Part of speech verb
Quick meaning: Onloan is a verb meaning A loan that is made from something that was borrowed; something that is onloaned.
Meaning
A loan that is made from something that was borrowed; something that is onloaned.
More Meanings
- Alternative form of on-loan.
Example Sentences
The coinsurance provision of Title I became effective October 1, 1954, and from that date the lender is required to bear 10 percent of the loss sustained on any onloan.
The contenders were the Netherlands, Luxembourg, and the United Kingdom, with the Netherlands being the most suitable. A restructuring would have involved the issuer assigning the onloan to a new Dutch subsidiary .
Similarly, if a related foreign parent borrows from a lender and then onloans the funds to a U.S. subsidiary, the back- to-back loan should be recharacterized as if the U.S. subsidiary had borrowed directly from the unrelated foreign lender.
Where a Dutch company borrows funds from affiliated companies, then, subject to the fulfillment of certain conditions, it is possible to obtain a ruling from the tax authorities that the minimum taxable interest spread will be 1/8 of 1 percent of the funds onloaned.
Word Forms
- onloans
- onloaning
- onloaned
Related Words
Related dictionary entries include on-loan, loaner, loanee, loan, loaning, lend.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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