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Home > QFINANCE Dictionary > Definition of quasi-loan

Definition of



arrangement to pay somebody else's debt an arrangement whereby one party pays the debts of another, on the condition that the sum of the debts will be reimbursed by the indebted party at some later date

Definitions of ’quasi-loan’ and meaning of ’quasi-loan’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’quasi-loan’ and other financial terms with our online QFINANCE Financial Dictionary.

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