long-term loan Meaning in the Cambridge English Dictionary
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Meaning of “long-term loan” in the English Dictionary

"long-term loan" in Business English

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long-term loannoun [C]

uk   us   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-termloansavailable for ​purchasingland, ​buildings, ​machinery, and ​equipment.
(Definition of long-term loan from the Cambridge Business English Dictionary © Cambridge University Press)
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