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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)

Source: Merriam-Webster's Learner's Dictionary

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


Law Dictionary

bridge loan

  1. see loan




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