The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

ADD-ON LOAN Definition & Legal Meaning

Definition & Citations:

A lending agreement that adds interest to the interest and uses returns to pay interest. It causes the interest rate to be higher and must be agreed to at contract signing.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.