Share this entry
bridging loan Line breaks: bridg¦ing loan
Pronunciation: /ˈbrɪdʒɪŋ ˌləʊn/

Definition of bridging loan in English:


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.
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove ads and access premium resources