Splash: the difference between borrowing

The difference between transfer and loan:

1. Appropriation refers to a budget allocation method adopted by local administrative institutions. The appropriation procedure is as follows: the financial department shall, according to the application of the first-level budget unit, issue the appropriation voucher within the approved annual budget appropriation amount and according to the quarterly and monthly use plan, and transfer the funds from the national treasury deposit to the fund deposit account opened by the competent department in the bank, and then the competent department shall transfer the funds to the user unit step by step according to the financial level.

2. Loans refer to funds borrowed by enterprises from banks and other financial institutions and other units, including credit loans, mortgage loans and trust loans. Borrowing can also refer to the funds borrowed by a person from financial institutions such as banks and other units and individuals, including credit loans, mortgage loans and trust loans.

3. The loan needs to be repaid, and the allocated funds don't need to be repaid. The main body of allocating funds is the government, and the main body of lending is enterprises, individuals or the government.