The concept of a loan is something we all deal with in our everyday lives. From loaning money to buy a house or purchasing a car to more menial things like borrowing a book, it’s intrinsic to human nature and allows our society to function effectively.
Within the terms of any loan is an expectation for repayment or compensation; a shared liability if you will, thus differentiating it from a typical donation.
Already a subscriber? Log in
Black Friday sale
Subscribe today and get 10 weeks of The Spectator Australia for just $1
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Black Friday sale
Subscribe today and get 10 weeks of The Spectator Australia for just $1
SUBSCRIBEAlready a subscriber? Log in