Transaction Terms: Lend
SI Data Content Committe, 1994, Version 1.0

III. Lend

A. Introduction

Lending objects and specimens for exhibition, research, and study is an integral part of the Smithsonian's mission to make museum collections accessible to the widest possible audience. Outgoing loans are authorized by a standard agreement which generally specifies the collection items to be lent, the purpose, time period, conditions of the loan, the responsibility of each party, and options for renewal.

The Smithsonian lends objects and specimens for educational, scientific, and non-profit purposes. An outgoing loan relinquishes for a specified purpose and time period physical custody of and management responsibility for, but not title to, collections owned by the Smithsonian. Loan requests are considered in light of the nature of the collection; the impact of its absence; the condition of and risk to the object; and security, environmental, and legal restrictions. Borrowing organizations must comply with specified environmental requirements, safety and security precautions, and are prohibited from using Smithsonian collections for private pecuniary gain.To convey to another institution or another Smithsonian bureau or office physical custody and management responsibility for an object owned by the Smithsonian, under the terms of a loan agreement for an agreed purpose and for a specified period of time.

Lend

To convey to another institution or another Smithsonian bureau or office physical custody and management responsibility for an object owned by the Smithsonian, under the terms of a loan agreement for an agreed purpose and for a specified period of time.

B. Terms

• Loan

  Terms in Current Use

  INTRAMURAL LOAN
  A loan from one collecting unit to another within the same museum.
  Source: NMAH, NMNH

  LOAN
  Source: NMNH, NZP

  LONG TERM OUTSTANDING LOAN
  Source: C-HM

  MUSEUM LOAN
  Source:
  NMAA

  OUTGOING -- SI
  Source:
  NMAH

  OUTGOING LOAN
  Source:
  AM, AMSG/FGA, C-HM, NASM, NMAfA, NMAH, NMAI, NPG

  Historic Terms

  CIRCULATING LOAN
  An outgoing loan.
  Source:
  NMAfA

  INTRAMURAL LOAN AT OUR REQUEST
  Source: NMNH

  LOAN AT BORROWER'S REQUEST
  Source:
  NMNH

  LOAN AT OUR REQUEST
  Source: NMNH

  LONG TERM LOAN
  Source: C-HM, NMAH