package loan Meaning in Cambridge Business English Dictionary
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Meaning of "package loan" - Business English Dictionary

package loan

noun [C]
 
 
PROPERTY, BANKING
a loan used to buy a house, which finances not only the property but personal items, such as furniture, carpets, etc. that are included in the sale: Consider a package loan if you are purchasing a fully-furnished condo.
(Definition of package loan from the Cambridge Business English Dictionary © Cambridge University Press)
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