### Question
How does the law define amount loaned?


### Answer
Under *26 U.S.C. § 7872*, **amount loaned** is defined as:

> the amount received by the borrower

#### Citation:
  - *26 U.S.C. § 7872*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 80-GENERAL RULES > Subchapter C-Provisions Affecting More Than One Subtitle**

