Loans

Remunerated transactions in which a lender, on the basis of a written contract, transfers money to a borrower in ownership and which imposes a duty on the borrower to return the money to the lender within a specified time and following a specified procedure.
Short-term loans are loans with an initial maturity of up to one year (inclusive).
Long-term loans are loans with an initial maturity of over one year.
The definition of the concept is consistent with Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union.