See Also: Purpose loan(finance)
Purpose loan(money)
Non-purpose loan(finance)
purpose(2)(dictionary)
all-purpose(dictionary)
purpose(dictionary)
purpose(1)(dictionary)
Purpose statement(finance)
general-purpose(dictionary)
Purpose credit(finance)

amphibole (iou) and Non-purpose loan (finance)


amphibole (iou)



amphibole noun. E17.
[French (both senses) from Latin amphibolus ambiguous from Greek amphibolos, from AMPHI- + ballein to throw.]
= AMPHIBOLOGY 1. E-M17.
Mineralogy. Orig., hornblende. Now, any of a large class of silicate and aluminosilicate rock-forming minerals which form fibrous or columnar crystals (they are characterized by a crystal structure based on cross-linked double chains of SiO4 tetrahedra). E19.

Non-purpose loan (finance)


A loan with securities pledged as collateral, but which is not to be used in securities trading or transactions.