Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “long-term loan”

long-term loan

noun [C]
 
 
FINANCE
a loan that is to be paid back over a period of time between three and ten years, and sometimes for as long as twenty years: The program makes long-term loans available for purchasing land, buildings, machinery, and equipment. → Compare medium-term loan, short-term loan
(Definition of long-term loan from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of long-term loan?
Add Cambridge dictionaries to your browser to your website

Word of the Day

sling

to throw or drop something carelessly

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More