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bank loan
noun
an amount of money loaned at interest by a bank to a borrower, usually on collateral security, for a certain period of time.
Example Sentences
The project was funded with bank loans and support from the government, in all an investment of $2.27m.
Beyond that, he said, the legislation offers technical changes to ensure that affordable housing developers who rely on Measure ULA funding can qualify for a bank loan.
Kingsbridge advised clients to invest in film financing schemes, both with their own money and with bank loans.
She said councils now "in trouble" tended to have taken out short-term private bank loans when interest rates were low - only to be stung with large rate rises further down the road.
However this meant it was near-impossible for them to get bank loans as their security of tenure was not guaranteed.
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