Loanback

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Definition: Loanback

Loanback
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Full Definition of Loanback

A mechanism used in the United Kingdom which allows the owner of a pension account or life assurance policy to borrow from the available balance.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/loanback/
Modern Language Association (MLA):
Loanback. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
November 19, 2024 https://payrollheaven.com/define/loanback/.
Chicago Manual of Style (CMS):
Loanback. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/loanback/ (accessed: November 19, 2024).
American Psychological Association (APA):
Loanback. PayrollHeaven.com. Retrieved November 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/loanback/

Definition Sources

Definitions for Loanback are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.