interest free loan

Money loaned to a borrower at no charge or, under the Internal Revenue Code, with a charge that is lower than the market rate. IRC (26 USCA) § 7872.

— Also termed (in the IRC) below-market loan.

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词条贡献者

法律翻译Vivian，毕业于美国顶尖的翻译学院，专注翻译各类与水利资源有关的法律文件。