bridging loan definition, meaning - what is bridging loan in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

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English definition of “bridging loan”

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bridging loan

noun [C] uk   us   UK (US bridge loan)
an arrangement by which a bank lends a person some money for a short time until that person can get the money from somewhere else, often so that they can buy another house before they sell their own
Translations of “bridging loan”
in Chinese (Traditional) 過度性貸款(常用於在賣掉舊房之前購買新房)…
in Chinese (Simplified) 过渡性贷款(常用于在卖掉旧房之前购买新房)…
(Definition of bridging loan from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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