Loanation
technically a portemanteau, “loanation” is comprised of the words “loan” and “donation.” loanations are hybrid for-profit/not-for-profit transactions that are at the root of the microfinance and new philanthropy movements. people either lend money directly for charitable causes, or indirectly to donors, who are inclined to leverage their own donations, or simply borrow to donate. contrarily, a loanor (or “loanator”) may borrow at a low rate for a long term, donate all or most of the loan proceeds, and use the applicable tax benefit in a consolidation arrangement that either pays off higher interest yielding debt, or invests the tax benefit to strategically pay off the debt, most often profitably, using the time value of money.
let me get this straight. a nice girl like me is interested in making a loanation to support a good cause, and then benefits too, cuz either the donor or the donee has gotta pay me back…within, say ten years, and with a little interest even? who needs a tax break for a donation when you can make a profitable loanation? converting debts into donations, by combining loans with donations.
Read Also:
- lock door
a party or an engagement where a group of females are made available to a group of males to perform s-xual acts at a cost. usually this type of activity is illegal and the person(s) running the engagement are forced to lock the doors after all of the partic-p-nts have arrived. yo! i just heard […]
- Gumbus
a person who is a beyond being gumbi/gumby ie. they are either a) very weird or strange b) do strange things c) make a mistake or mistakes the plural is gumbii a) you’re so strange that you’re a gumbus b) you’re a gumbus ‘cos you do weird things c) you stuffed up you gumbus
- gunplay
the act of using a firearm to inflict harm upon others; an act of retribution or violence; see bust a cap if you don’t give me poontang, ho, there is going to be straight-up gunplay on your dome. what gilbert arenas does during his downtime at work. “the only thing i enjoy more than gambling […]
- Gyarados
the accidental yet embarr-ssing act of blowing water out of a bong through the slider, soaking the marijuana. it gets its name because the action closely resembles the pokemon gyarados. it often happens with first time bong users who forget they can’t blow out the ash like they can with a bowl or pipe. “dude, […]
- Loeffler Look
1.the look pete loeffler (lead singer for chevelle) has when he sings. he commonly looks up at the ceiling, and has a total -rg-sm look. 2. a look of total ecstasty or total oh yes-ness she had a total loeffler look!