bridge loan in English
noun
1
a sum of money lent by a bank to cover an interval between two transactions, typically the buying of one house and the selling of another.
I expressed little or no emotion when he got a bridge loan .
Use "bridge loan" in a sentence
Below are sample sentences containing the word "bridge loan" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "bridge loan", or refer to the context using the word "bridge loan" in the English Dictionary.
1. 15 In the meantime, you can snatch up that dream house by applying for a bridge loan.
2. They include a type of bridge loan made to tide over employees whose fixed expenses outstrip available cash resources.
3. The press reported that banks appeared reluctant to grant any bridge loan to cover the company's liquidity needs (28).
4. A Bridge loan is short-term financing used until a person or company secures permanent financing or removes an existing obligation