MLchartDataset catalogue

Loans (defined contribution plans)

Term · Economic statistics · MLC-T-ECS-001088

Funds borrowed with interest from a defined contribution plan.

Note: Loan amounts often are limited to a portion of the account balance. They usually have to be repaid within 5 years, but longer payment periods may apply for home purchase or renovation loans.

Table 1. Record
IdentifierMLC-T-ECS-001088
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON
{
  "id": "MLC-T-ECS-001088",
  "term": "Loans (defined contribution plans)",
  "field": "Economic statistics",
  "definition": "Funds borrowed with interest from a defined contribution plan.\n\nNote: Loan amounts often are limited to a portion of the account balance. They usually have to be repaid within 5 years, but longer payment periods may apply for home purchase or renovation loans.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/loans-defined-contribution-plans/"
}

Record 1,088 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.