day loan

American  

noun

1. a bank loan to finance the purchase of securities which is repayable within the calendar day on which it is made.

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Example Sentences

After a dramatic deadline day loan exit from Manchester City to Arsenal in January, England international Chloe Kelly is likely to make that move a permanent one.

From BBC

Chelsea forward Raheem Sterling has completed a late transfer deadline day loan move to Premier League rivals Arsenal.

From BBC

Barcelona signed Ilkay Gundogan on a free transfer after the midfielder left Manchester City, before sealing deadline day loan moves for City defender Joao Cancelo and Spain forward Joao Felix from Atletico Madrid.

From BBC

Manchester United's deadline day loan singing Marcel Sabitzer is ready to play and could be handed his debut against Crystal Palace in the Premier League on Saturday, coach Erik ten Hag said.

From Reuters

"It's no accident that pay day loan companies are very active around that time of year, the start of the school term."

From BBC