bridge loan definition

  • noun:
    • A short-term loan meant to provide or extend financing until a far more permanent arrangement is made.
    • A sum of income loaned or lent for a brief period of the time in order to cover expenses until brand-new expected funds come to be readily available.
    • A short-term loan intended to provide or extend financing until an even more permanent arrangement is made.
    • A sum of cash loaned or lent for a short span of time in order to cover expenditures until brand new anticipated resources become available.
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