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bridging loan

Saltos de línea: bridg¦ing loan

Definición de bridging loan en inglés:

sustantivo

British
A sum of money lent by a bank to cover an interval between two transactions, typically the buying of one house and the selling of another.
Example sentences
  • I also took out a bridging loan with the bank to make up the shortfall in the deposit.
  • In addition, because there is a strong market and properties tend to sell quickly - bridging loans are easier to obtain.
  • This also nullifies the need to negotiate a bridging loan with the bank.

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Palabra del día emulous
Pronunciación: ˈɛmjʊləs
adjective
seeking to emulate someone or something