time loan

American

noun

a loan repayable at a specified date.

time loan British

noun

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of time loan

First recorded in 1905–10

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

From BBC

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.

From Project Gutenberg

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

From Project Gutenberg

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

From Project Gutenberg

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

From Project Gutenberg

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023