The Law Dictionary

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

LENDING POLICY Definition & Legal Meaning

Definition & Citations:

Philosophy, standards, and guidelines of a lending institution’s lending approach. Its employees must comply with this approach in granting or refusing a loan request. Must have basis in the country’s relevant laws and regulations. Industry or business sector to get approved loans and those avoided are defined in this approach.

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