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English definition of “bridging loan”

bridging loan

noun [C]     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 ownBorrowing, lending and debt
(Definition of bridging loan noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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