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Definition of bridge loan in English: bridge loannoun North American 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; a bridging loan. Example sentencesExamples - A 5.6 trillion won bridge loan arranged by the government matures at the end of this month.
- These offers take the form of everything from bridge loans to low-margin commercial paper.
- They cannot borrow money from the bank for a bridge loan because the payment schedule isn't predictable enough.
- I expressed little or no emotion when he got a bridge loan.
- This was, at best, a bridge loan because the risks and rewards of ownership did not pass to the company.
Definition of bridge loan in US English: bridge loannoun North American 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 sentencesExamples - They cannot borrow money from the bank for a bridge loan because the payment schedule isn't predictable enough.
- These offers take the form of everything from bridge loans to low-margin commercial paper.
- A 5.6 trillion won bridge loan arranged by the government matures at the end of this month.
- I expressed little or no emotion when he got a bridge loan.
- This was, at best, a bridge loan because the risks and rewards of ownership did not pass to the company.
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