loanback

名词 n.
中文释义

英文释义

名词 n.
  1. A loan made from a pension or annuity to someone who has contributed money to that pension or annuity. countable,uncountable
    — For example, a unit-linked office may require the borrower to have part at least of his personal pension premiums invested in units in a special fund from which the office makes loans to loanback borrowers.
  2. A loan from a trust fund to the grantor that created the fund. countable,uncountable
    — A prearranged loanback of the entire gift property itself (rather than just the income therefrom) may well be disregarded as being merely a grantor retained control over the property, thereby causing the entire amount of the "loan" to be included in the grantor's estate.

词形变化

loanbacks plural

词源

From loan + back.
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