bank loan

noun

: a loan that is made by a bank

Example Sentences

Recent Examples on the Web Con artist Anna Sorokin Delvey The infamous fraudster was sentenced to four to 12 years in prison in 2019 for a series of scams, including trying to obtain a $22 million bank loan purportedly to launch an exclusive private club in Manhattan. Rebecca Rosenberg, Fox News, 7 Apr. 2023 With a $500,000 bank loan and a $900,000 CureDuchenne grant, the Neurology & Neuromuscular Care Center became reality. Marin Wolf, Dallas News, 25 Mar. 2023 In the time between the fire and his death, Cunningham’s father was denied a bank loan to rebuild his business – a not-uncommon fate for a Black man in the 1960s. Sheree R. Curry, USA TODAY, 1 Mar. 2023 Other financing sources were assembled, including state and federal historic preservation tax credits, a bank loan and $3.1 million of city cash generated by the development's property taxes. Tom Daykin, Journal Sentinel, 14 July 2022 The developers will raise the money through their own equity, a traditional bank loan and the sale of state and federal tax credits. Steve Lord, Chicago Tribune, 2 Mar. 2023 When personal financing is out of the equation, the next step frequently is seeking a bank loan. Julian E.j. Sorapuru, BostonGlobe.com, 2 Mar. 2023 Another decides to start a lawn-care service, receives a bank loan to do so, and then sees his tax dollars used to support the cancellation of the student loan. Melissa Quinn, CBS News, 28 Feb. 2023 The other started a lawn care business with help from a bank loan instead of going to college. John Fritze, USA TODAY, 28 Feb. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'bank loan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near bank loan

Cite this Entry

“Bank loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bank%20loan. Accessed 5 Jun. 2023.

Last Updated: - Updated example sentences
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