overnight loan
noun[C]
ukusBANKING,FINANCE
aloanthat abankmakes to anotherbankfor ashortperiodoftime:
Thefederalfundsratewhich ischargedonovernightloansbetweenbanksis at anhistoriclow.
FINANCE
→payday loan
Examplesofovernight loan
overnight loan
The facility was intended to improve the ability of broker dealers to access liquidity in theovernightloanmarket that banks use to meet their reserve requirements.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Most of these overnight loans are booked without a contract and consist of a verbal agreement between parties.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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