Debt Definition–noun | 1. | something that is owed or that one is bound to pay to or perform for another: a debt of $50. | | 2. | a liability or obligation to pay or render something: My debt to her for advice is not to be discharged easily. | | 3. | the condition of being under such an obligation: His gambling losses put him deeply in debt. | | 4. | Theology. an offense requiring reparation; a sin; a trespass. | |
From Dictionary Consolidation Definition–noun | 1. | an act or instance of consolidating; the state of being consolidated; unification: consolidation of companies. | | 2. | solidification; strengthening: consolidation of principles and beliefs. | | 3. | something that is or has been consolidated; a consolidated whole. | | 4. | Law.
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| a. | a statutory combination of two or more corporations. | | b. | the union of two or more claims or actions at law for trial or appeal. | | | 5. | (initial capital letter ) a steam locomotive having a two-wheeled front truck, eight driving wheels, and no rear truck. | | 6. | Pathology. the process of becoming solid, as changing of lung tissue from aerated and elastic to firm in certain diseases. | |
From Dictionary Loan Definition–noun | 1. | the act of lending; a grant of the temporary use of something: the loan of a book. | | 2. | something lent or furnished on condition of being returned, esp. a sum of money lent at interest: a $1000 loan at 10 percent interest. | –verb (used with object) | 4. | to make a loan of; lend: Will you loan me your umbrella? | | 5. | to lend (money) at interest. | –verb (used without object) | 6. | to make a loan or loans; lend. | —Idiom | 7. | on loan, | a. | borrowed for temporary use: How many books can I have on loan from the library at one time? | | b. | temporarily provided or released by one's regular employer, superior, or owner for use by another: Our best actor is on loan to another movie studio for two films. | | |
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