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  1. #1

    Question Tenor or Tenure?

    In the context of bank loans, which is the correct word to use when referring to the term of the contract? Until recently, I had seen only "loan tenure" and not "loan tenor". Now I'm not sure which to use.

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    #2

    Re: Tenor or Tenure?

    I hadn't seen tenor either. I checked in Google and there are 17,700 examples of tenure and only 959 of tenor, so I think it could be a mistake. If you look at these two examples from the same bank, it does look like a mistake:
    http://www.icicibank.com/pfsuser/loa...howtorepay.htm
    http://icicibank.com.sg/sg_loanagainstdep.htm

  2. #3

    Re: Tenor or Tenure?

    Thank you so much for clarifying that for me! Now I just hope it won't be a case of incorrect usage that eventually becomes acceptable after it has been repeated enough times.

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    #4

    Re: Tenor or Tenure?


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