bridge loan en · NOUN
Meanings
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A sum of money loaned or borrowed for a short period of time in order to cover expenses until new expected funds become available.
"It's not our fault that the economy is in the tank," he said. "What we need is a low interest bridge loan to get us through the difficult time."
2008 November 20, Poornima Gupta, Nick Care, “UAW chief: inaction not an option on U.S. auto bailout”, in forbes.com, retrieved 25 Oct 2011:The merger, however, depends upon Icahn's ability to provide a bridge loan to help Pan Am cover losses during the low-traffic season.
1990 December 31, “Airlines: Flocking Together”, in Time:
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| bridging loan | alternative | lexicographic | |
| bridge loans | Number=Plur | lexicographic |
Synonyms
Translations (6)
cmn 過橋貸款 /过桥贷款 (money loaned for a short period) · pt empréstimo-ponte (money loaned for a short period) · fi siltalaina (money loaned for a short period) · de Überbrückungsdarlehen (money loaned for a short period) · de Überbrückungskredit (money loaned for a short period) · pl ubezpieczenie pomostowe (money loaned for a short period)