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Please What Does It Mean To Liquidate A Loan - Business - Nairaland

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Please What Does It Mean To Liquidate A Loan by Dogasas: 12:19pm On Nov 25, 2021
We learn everyday pls no insults.. to the economist and others in the house, I took a loan from a bank app and I saw a link to liquidate the loan ... What does it mean? What does it mean to liquidate a loan.?
Re: Please What Does It Mean To Liquidate A Loan by SavageResponse(m): 12:35pm On Nov 25, 2021
Dogasas:
We learn everyday pls no insults.. to the economist and others in the house, I took a loan from a bank app and I saw a link to liquidate the loan ... What does it mean? What does it mean to liquidate a loan.?

To liquidate a loan means to completely pay it off

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Re: Please What Does It Mean To Liquidate A Loan by Nobody: 12:37pm On Nov 25, 2021
Ok?

Re: Please What Does It Mean To Liquidate A Loan by tosbobby(m): 5:00pm On Nov 25, 2021
To pay up a loan especially before the due date

The word liquidation is also used for fixed deposit investment.
I want to liquidate my fixed deposit investment means you want to cash out you fund.
It's a financial term.
Hope the information suit your need

1 Like

Re: Please What Does It Mean To Liquidate A Loan by Dogasas: 10:04pm On Nov 25, 2021
SavageResponse:


To liquidate a loan means to completely pay it off
tosbobby:
To pay up a loan especially before the due date

The word liquidation is also used for fixed deposit investment.
I want to liquidate my fixed deposit investment means you want to cash out you fund.
It's a financial term.
Hope the information suit your need
Thanks a lot

(1) (Reply)

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