Meaning of “bridging loan” in the English Dictionary

british dictionary

"bridging loan" in British English

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bridging loannoun [ C ]

uk /ˈbrɪ.dʒɪŋ ˌləʊn/ us /ˈbrɪ.dʒɪŋ ˌloʊn/ 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

(Definition of “bridging loan” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)