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Fang，毕业于新加坡知名法学院，专注翻译各类与白领犯罪与调查有关的法律文件。