5 ms·
If it's not designed to be paid back, is it a loan? noun: loan; plural noun: loans a thing that is borrowed, especially a sum of money that is expected to
by luckylion 6y ago
If it's not designed to be paid back, is it a loan?
noun: loan; plural noun: loans
a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
Is it just called a loan because that sounds better than just calling it a subsidy?
- dopamean 6y agoSo the issue is with what the government is calling it?
- luckylion 6y agoI believe that's why the parent comment had used quotes. It's not a loan, it's a subsidy. Calling it a loan is misleading, because loans are meant to be paid back, and this isn't.
- felipellrocha 6y agoI believe it's a loan that can be forgiven if you fit into certain criteria. So, it's still a loan. If you fuck it up you have to pay back
- ric2b 6y agoIt's a subsidy with a penalty for those that don't follow the rules of the subsidy.
- deleted 6y ago[deleted]