Legal glossary

“loan”

Defined in 1 Acts. A definition holds for the Act that gives it; the same word can mean something else in another Act.
  1. The Usurious Loans Act, 1918 · s. 2

    (2) "Loan" means a loan whether of money or in kind and includes any transaction which is, in the opinion of the Court, in substance a loan.
    Read section 2