Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Short definition

What does Short mean? In legal and financial practice, being “short” describes a position where a person has net negative exposure to an asset—i.e. exposure below neutral—so that they benefit if the asset’s price falls. A short position commonly arises by selling borrowed securities (a short sale) or through derivatives that create negative exposure, such as writing options, entering into futures or forwards as the seller, or using contracts for difference or swaps. “Short” is a descriptive market term used across transactional documents, litigation and regulatory contexts. While the word itself is not generally defined in statute, short selling and net short positions are regulated....

Unsecured short-form term loan facility agreement: individual lender to single-company borrower (bilateral) — England and Wales law

Published by a LexisNexis Banking & Finance expert

Precedents

This Agreement is dated [ insert day and month ] 20[ insert year ]

Parties

[ insert name of Lender ], of [ insert address ] (the Lender); and
[ insert name of party ] [ of OR a company incorporated in [ England and Wales ] under number [ insert registered number ] whose registered office is at ] [ insert address ] (the Borrower).

background

(A) The Lender has agreed to make available to the Borrower an unsecured Term Loan facility of £[ insert amount of loan in figures ] ([ insert amount of loan in words ] pounds Sterling), in accordance with the terms and conditions of this Agreement.

(B) The Lender is a [ shareholder OR director OR [ insert details of Lender ] ] of the Borrower...

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Web page updated on 22/05/2026

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