dealer loan

Dealer loan

Overnight, collateralized loan from a money market bank made to a dealer financing his position by borrowing.

Dealer Loan

A loan to a dealer by a bank. Dealers take out dealer loans in order to finance inventory for their trades. Dealer loans are payable in 24 hours of receipt, and must carry collateral.

dealer loan

A short-term secured bank loan to a security dealer for the purpose of financing inventory.