interim financing

Definition

Short-term financing issued in anticipation of longer-term financing. also called interim borrowing.

Use interim financing in a sentence

You should try and take on some interim financing if you think that would be the best way to proceed.

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We were doing some interim financing in our company and we were very happy with it and what it meant for us.

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The interim financing arrangement was sufficient to begin working on the project so we called our business partner to set dates.

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interim earnings per share bank anticipation note (BAN)