Loan for use

Definition
: a loan in which one party lends personal property to another with the understanding that the borrower will return the same property at a future time without compensation for its use
: See also commodatumused chiefly in the civil law of Louisiana;
compare bailment deposit loan for consumption in this entry

Based on Merriam-Webster's Dictionary of Law ©2001.
Merriam-Webster, Incorporated
Published under license with Merriam-Webster, Incorporated.
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intrinsic fraud

fraud (as by the use of false or forged documents, false claims, or perjured testimony) that deceives the trier of fact and results in a judgment in favor of the party perpetrating the fraud

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