direct loan
1
3.5
- noun
- /dəˈrɛkt loʊn/
:
préstamo directo
- If you apply for a direct loan, you can receive funds without needing a bank as an intermediary.
- guaranteed and direct loans
- government-backed direct loan
- federal direct loan
Examples
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The model further suggests that it is important for the government to impose quantity limits in its direct loan programs or in guarantee programs where the government fixes the borrowing rate in order to avoid excessive borrowing by bad borrowers.
Academic text (2016) -
Through its traditional credit programs, the U.S. government routinely provides direct loans and loan guarantees for housing, education, agriculture, small businesses, energy, trade, and other private activities via more than 150 separate programs that appear in the federal budget.
Academic text (2016) -
The total amount of federal guaranteed and direct loans outstanding roughly doubled during the period, reaching about $2.3 trillion in 2010.
Academic text (2016) -
Through the program, the railroad can apply for direct loans and loan guarantees through the FRA.
Blog text (30) -
Since July 2010, all new student loans have been made through the direct loan program administered by the Department of Education, but before that time, the majority of federal student loans were made through the department's guaranteed loan program.
Academic text (2016) -
Savings under the direct loan program would allow for expanding eligibility for such loans and establishing more lenient repayment schedules.
Academic text (2005) -
Figure 3 groups the outstanding balances of federal direct loans and loan guarantees into major loan types: housing, education, farming, business, or other for the period 1998-2010.
Academic text (2016) -
The outstanding balances of federal direct loan and loan guarantee programs for the period 1970-2015 are given in Figure 2, which shows the historically unprecedented expansion in these programs in the aftermath of the 2007 financial crisis.
Academic text (2016) -
But direct loans represent only about one-fourth of all federally subsidized loans, even as evidence mounts that a complete move to direct loans could save billions of dollars that could be reinvested in financial aid programs.
Academic text (2005) -
In sum, the outstanding balances in the government's traditional direct loan and loan guarantee programs, plus the mortgages held or guaranteed by Fannie Mae and Freddie Mac, totaled about $8 trillion in 2010.
Academic text (2016)
Synonyms
∞
2.0
An amount of money borrowed from a bank that must be paid back with interest
How Direct
Surface Forms
Morphology
The meaning 'a loan made directly by a lender without an intermediary' is transparently derived from combining 'direct' (straight, no one between) with 'loan' (amount borrowed). This adjective + noun composition follows a standard and cross-linguistically common pattern, so a B1 learner who knows both words should understand the MWE.
Etymology
Direct loan comes from the simple image of money moving in a straight line: direct from the lender to the borrower and loan meaning the money given. So, it means 'a loan made without a middle person' because the lender deals directly with the borrower.