Loan-Out
Loan-Out Type: noun Pronunciation: /loan-out/ Also spelled or known as: Loan-Out Company Plural: Loan-Out Companies Related: Business Entity What does Loan-Out mean? A business entity that contracts an individual’s professional services to third parties. Artists, producers, songwriters, and entertainers often use loan-out companies for tax planning, liability protection, and contract administration. Loan-Out synonyms: Loan-Out Company, […]
Loan-Out Company
Loan-Out Company Type: noun Pronunciation: /lohn owt kum-puh-nee/ Also spelled or known as: Loanout Company Plural: Loan-Out Companies Related: Independent Contractor, Artist Corporation What does Loan-Out Company mean? A corporation or limited liability company created by an artist, producer, musician, actor, or other creative professional to provide their personal services to clients. Rather than contracting […]