Definition of war loan in English:
Stock issued by the British government to raise funds at a time of war.
- The war loan was converted from 5 per cent to 3.5 per cent, and bank rate reduced.
- Montgomery's civil defense corps relied on a ‘housewife in each block to organize other homemakers for campaigns such as preparing for a blackout, promoting war loan and scarcity drives’.
- But it was 1944, the American delegation said to the British, You either go it our way or we're going to withhold our war loan.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan