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bridge loan

noun

Simple Definition of bridge loan

  • : money that a bank lends you for a short period of time until you receive the money that you are getting from another source (such as from selling your house)

Full Definition of bridge loan

  1. :  a short-term loan used to finance an enterprise, investment, or government pending the receipt of other funds

1975

First Known Use of bridge loan

1975

Rhymes with bridge loan

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