bank loan

noun

: a loan that is made by a bank

Examples of bank loan in a Sentence

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In January, the board approved utilizing $1.5 million in their general services fund before seeking formal approval for a bank loan to finance the rest of the project later this year. Karen Billing, San Diego Union-Tribune, 10 Mar. 2025 The motion was denied in April 2024. February 27, 2024: Chris Brown is ordered to fulfill payments on more than $2 million unpaid bank loan In 2018, Brown and fellow investors took out a loan from City National Bank (CNB) to open two Popeyes Chicken franchises. Alex Heigl, People.com, 23 Jan. 2025 When choosing a bank loan or CLO ETF, be sure to understand the credit quality of the underlying securities. Darla Mercado, Cfp®, CNBC, 22 Jan. 2025 Seven Springs Amount: Est. $5 million Creditor: The Bryn Mawr Trust Company Maturity: 2029 Interest rate: 4.5% Trump has a small mortgage against his estate in Bedford, New York, the oldest bank loan in his portfolio. Dan Alexander, Forbes, 30 Oct. 2024 See All Example Sentences for bank loan

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“Bank loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bank%20loan. Accessed 5 Apr. 2025.

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