Peru's Main Export and Import Partners â¢â¢â¢ China and the USA are two of Peru's main trade partners. Peruâs main export partners are China and the USA, accounting for approximately 30 percent of the export share. Other significant export partners include Canada, Switzerland, Japan, Spain, Chile, Germany.
A student loan is designed to help students pay for university tuition, books, and living expenses.It may differ from other types of loans in that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. student loan is designed to help students pay for university tuition, books, and living expenses.
Freebase(0.00 / 0 votes)Rate this definition: Loan. In finance, a loan is a debt evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment. A loan entails the reallocation of the subject asset for a period of time, between the lender and the borrower. In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time.