definitions
  • synonyms

construction loan


noun Finance.

a short-term loan to finance the building phase of a real-estate project.

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Nearby words

construable, construct, construct state, constructer, construction, construction loan, construction paper, constructional homonymity, constructionist, constructive, constructive dismissal

Definition for construction loan (2 of 2)

takeout

or take-out

[ teyk-out ]
/ ˈteɪkˌaʊt /

noun

adjective

pertaining to or supplying food and drink to be taken out and consumed elsewhere: the takeout window of a restaurant.
Also takedown. of, relating to, or providing a takeout mortgage: The high-rise developer has found a takeout commitment from a large insurance company.

Origin of takeout

First recorded in 1915–20; noun use of verb phrase take out
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Word Origin and History for construction loan

takeout


adj.

in reference to food prepared at a restaurant but not eaten there, 1941, from take (v.) + out. British equivalent takeaway is recorded from 1964.

Online Etymology Dictionary, © 2010 Douglas Harper