bank term loan

Definition
A bank loan to a company, with a fixed maturity and often featuring amortization of principal. If this loan is in the form of a line of credit, the funds are drawn down shortly after the agreement is signed. Otherwise, the borrower usually uses the funds from the loan soon after they become available. Bank term loans are very a common kind of lending.




bank term loan is ...
... part of the
Lending & Credit subject.


Related Terms

term -
Loading...

Featured Sponsor






Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z