loan proceeds

USAGE SUMMARY

"loan proceeds" is a correct and usable phrase in written English.
It refers to the money received as a result of taking out a loan, such as from a bank. For example, "John used the loan proceeds to pay off his credit card balance."

✓ Grammatically correct

Academia

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

(iv) The applicant's plans for use of the loan proceeds.

Cornell University

Of the loan proceeds, $34 million was turned over to the school's endowment.

The New York Times

Lucent will probably repay Morgan Stanley out of cash on hand or from loan proceeds.

The New York Times

Loan proceeds will credit to your CalCentral account and pay any outstanding charges.

University of California, Berkeley

F.H.A. officials said they would also factor in how the loan proceeds would help improve a consumer's financial situation.

The New York Times

More significantly, Mr. Lythcott charges that other loan proceeds went to pay off the businessmen's expenses unrelated to the building.

The New York Times - Arts

Indeed, there is nothing to stop people from using the loan proceeds for vacations or cars or whatever they want.

The New York Times

Like debit cards, the prepaid charge cards allow customers to draw down their refund loan proceeds as they make purchases.

The New York Times

The loan proceeds paid off the previous mortgage, $11,000 in debts and provided them with $9,616 in cash.

The New York Times

Applicants can use loan proceeds for college at the undergraduate or graduate level or for a vocational education that leads to a certificate or license.

The New York Times

And in terms of deal lending, Barclays ranks in the top five this year, with more than $28 billion in syndicated loan proceeds, according to Thomson Reuters.

The New York Times

Expert writing Tips

Best practice

When discussing financial matters, clearly state how the "loan proceeds" were utilized to ensure transparency and accountability. For example: "The loan proceeds were allocated to cover construction costs and equipment purchases."

Common error

Avoid using "loan proceeds" interchangeably with "revenue". "Loan proceeds" represent borrowed money, while revenue is earned income. Mixing these terms can lead to misrepresentation of financial status.

Linguistic Context

The phrase "loan proceeds" functions as a noun phrase, typically serving as the subject or object of a sentence. As noted by Ludwig AI, this phrase correctly refers to money obtained from a loan. It is commonly used in financial and legal contexts.

Expression frequency: Very common

Frequent in

News & Media

45%

Academia

30%

Formal & Business

25%

Less common in

Science

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "loan proceeds" is a noun phrase referring to the funds received from a loan. Ludwig AI confirms that the phrase is correct and usable in written English. It appears most frequently in news media and academic contexts, with a neutral to professional register. When using this phrase, it's important to clearly specify how the funds were utilized to maintain financial transparency. While alternatives like "loan funds" exist, "loan proceeds" provides a specific and formal way to describe the money obtained from a loan transaction.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

loan funds

This alternative is shorter and more general, referring to the money from a loan without specifying its exact nature.

loan disbursement

This term focuses on the act of distributing the loan amount, rather than the funds themselves.

funds from the loan

This option rephrases the original term to emphasize the source of the funds.

monies from the loan

A more formal way of saying 'money', emphasizing legal or official contexts.

borrowed capital

This alternative focuses on the loan as a source of capital.

credit received

This phrase highlights the act of receiving credit, rather than the specific funds.

loan amount

This refers to the total sum of the loan, not necessarily the distributed portion.

net loan amount

Refers to the amount received after deducting fees and charges.

proceeds of the financing

This is a more formal way of describing the funds resulting from a financing agreement.

drawdown amount

This refers specifically to the portion of a loan that is accessed at a given time, especially in a line of credit scenario.

FAQs

How can I use "loan proceeds" in a sentence?

You can use "loan proceeds" to describe how the money from a loan is used, for example: "The "loan proceeds" were used to expand the business."

What's a simpler term for "loan proceeds"?

A simpler term is "loan funds", though it may lack the formality required in some contexts.

Are "loan proceeds" considered income?

No, "loan proceeds" are not typically considered income because they must be repaid. However, if the loan is forgiven, it may then be considered taxable income.

What should I specify when describing how "loan proceeds" were used?

Be specific about how the "loan proceeds" were allocated. Instead of saying "The loan proceeds were used for expenses", specify "The loan proceeds were used for marketing, product development and salaries".