Loan (electronic IOU credit loan) is simply understood as borrowing money with interest. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation. The "three principles" refer to safety, liquidity and efficiency, and are the fundamental principles of commercial banks' loan operation. Article 4 of People's Republic of China (PRC) Commercial Bank Law stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and be self-disciplined, and take safety, liquidity and efficiency as their operating principles."
A sales contract by installment refers to a sales contract in which the buyer pays the whole price to the seller by installments within a certain period of time. Installment payment is a special form of buying and selling, which is often used in the buying and selling of houses and high-grade durable consumer goods in China. The installment sales contract with retention of title is a kind of installment sales contract, which refers to the installment sales contract with retention of title guarantee. In detail, it means that although both parties agree that the buyer should first possess and use the subject matter, the seller still retains the ownership of the subject matter until the specific conditions agreed by both parties are fulfilled; An installment sales contract in which ownership is transferred to the buyer after the conditions are met. However, it should be noted that the "condition" here is different from the "condition" in the sense of civil law, and the condition here should be interpreted as "burden", which is similar to the law. See Paragraph 2 of Article 93 of the Contract Law: "The parties may agree on the conditions for one party to terminate the contract. When the conditions for termination of the contract are met, the creditor may terminate the contract. " Similarly, there are Article 160 of the Contract Law, Article 11of the General Principles of the Civil Law, Article 64 of the Opinion of the People's Republic of China, and Article 35 of the Judicial Interpretation of Sales Contracts in the Supreme People's Court (kloc-0/).