The Law Dictionary

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

LOAN FOR CONSUMPTION Definition & Legal Meaning

Definition & Citations:

Overt or implied contract requiring a lender to deliver to a borrower specific consumable goods, like food, fuel, or material. A type of lend lease. Within a defined or agreed-to period of time, the borrower returns an equal amount of the consumables, as required, to the lender.


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