### Question
What does direct loan mean?


### Answer
**Direct loan** has the following meaning in *2 U.S.C. § 661a*:

> a disbursement of funds by the Government to a non-Federal borrower under a contract that requires the repayment of such funds with or without interest

#### Citation:
  - *2 U.S.C. § 661a*
  - Heading: **CHAPTER 17A-CONGRESSIONAL BUDGET AND FISCAL OPERATIONS > SUBCHAPTER III-CREDIT REFORM**

