bridging loan

noun

British
: money that a bank lends for a short period of time until money is received from another source (such as from selling a house)

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Cite this Entry

“Bridging loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bridging%20loan. Accessed 17 Nov. 2024.

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