loan · financial
Ask Prometheusa give of money to a person that is agreed to be return during future
Loan (noun) means: a give of money to a person that is agreed to be return during future. It emerges from money, give, agreement, future: money is given to a person under an agreement that it will be returned in the future. In the EmergenceLexicon it sits at computed level 17, chaining down to the four foundations (space, time, energy, pattern).
Examples
- The 2008 Troubled Asset Relief Program disbursed $425 billion to stabilize U.S. banks under repayment agreements. economics
- The Mars Climate Orbiter failed in 1999 because Lockheed Martin used pound-seconds while NASA expected newton-seconds in thruster control software. engineering
- In 2020, Argentina defaulted on $65 billion in sovereign debt after renegotiation talks with the IMF collapsed. institutions
Emergence
through: money is given to a person under an agreement that it will be returned in the future
- obligated return of value
- temporal extension of exchange
- mutual commitment over time
Chain to foundations
full chain as text (312 steps)
- loanL17
- moneyL16
- resourceL15
- parameterL4
- windowL7
- boundaryL2
- driftL11
- maintenanceL14
- matterL1
- differenceL1
- systemL5
- setsL3
- partL1
- structureL2
- interactionL2
- substanceL12
- fallL3
- propertyL3
- stateL2
- differenceL1
- workL3
- priceL8
- resourceL15
- giveL7
- agreementL8
- partyL7
- peopleL6
- settingL3
- musicL3
- groupsL5
- interactingL4
- interactionL2
- likeL3
- justL2
- conditionL3
- partyL7
- futureL4
- peopleL6
- returnL14
- timeL0
- moneyL16
Neighborhood
Concepts that depend on this one above; what it is built from below.
Used by (1)
Relations
| is-a | agreement.social | is-a |
| enables | money.economic | enables |