bank term loan
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.
Related Terms
Popular 'Lending & Credit' Terms
Related Personal Finance Articles
Loading...
bank term loan in the news
Loading...
Enter your email address to get our free Term of the Day newsletter!
bank term loan is ...
... part of the Lending & Credit subject.
Nearby Terms
Search volume for bank term loan
Get our content on your iGoogle page
RSS