bridge loan
noun[C]
USus/ˈbrɪdʒ ˌloʊn/uk/ˈbrɪdʒ ˌləʊn/(UKbridging loan)anarrangementby which abanklendsapersonsomemoneyfor ashorttimeuntil thatpersoncan get themoneyfromsomewhereelse, often so that they canbuyanotherhousebefore theyselltheirown
Borrowing & lending
- amortizable
- amortization
- arrears
- bad debt
- bonded
- borrow
- borrowing
- credit rating
- IOU
- leveraged buyout
- on the slateidiom
- over-borrowed
- overdraft
- overpayment
- pay downsomething
- pay off
- paysomeone/somethingback
- reschedule
- secure
- straight