bank loan

noun

: a loan that is made by a bank

Examples of bank loan in a Sentence

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As a result of his embezzlement, the city was forced to take out a $182,000 bank loan against future tax revenues to cover normal operating expenses. —

Rick Pearson, Chicago Tribune, 27 Oct. 2024 Also helping mainland sentiment was news that three companies have tapped bank loan lines to buy back shares, including Sungrow and Sinopec, which were among the first movers, with loan amounts of approximately RMB 700 million each. —

Brendan Ahern, Forbes, 21 Oct. 2024 Since the club members took control, property values in South Florida have soared, and the new owners have (with the help of $6 million bank loan in 2021) revitalized the club, making many of the capital repairs that Icahn declined to pay for as owner. —

John Hyatt, Forbes, 22 Sep. 2024 The winnings will save the founders from needing a bank loan. —

Kyle Stokes, Axios, 8 Sep. 2024 See all Example Sentences for bank loan