time loan

noun

1. a loan repayable at a specified date.

time loan

noun

1. a loan repayable before or at a specified future date Compare call loan

Word History and Origins

Origin of time loan¹

First recorded in 1905–10

Example Sentences

And it means higher mortgage payments making first time loans less affordable.

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Write to him, saying that it is not your practice to make time loans for definite periods longer than six months, as it is not a good plan thus to tie up your deposits.

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From this time loans are perpetually being made; and at least six manuscripts other than those mentioned above were lent this year.

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What are the economic differences between long and short time loans?

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For the same reason legitimate banking is limited to short time loans—on demand, thirty, sixty, ninety days—the shorter being the safer.

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