Term loan

A bank loan, typically with a floating interest rate, for a specified amount that matures in between one and ten years and requires a specified repayment schedule. The New York Times Financial Glossary

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term loan term loan loan1

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term loan UK US noun [C]
BANKING, FINANCE a sum of money that is borrowed and has to be paid back over a fixed period of time: »

The loan is a $400 million 5-year term loan.

»

The deal is funded by a term loan from the Royal Bank of Scotland.


Financial and business terms. 2012.

Look at other dictionaries:

  • term loan — see loan Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. term loan …   Law dictionary

  • term loan — a loan for a fixed period of more than one year and repayable by regular instalments. Glossary of Business Terms A bank loan, typically with a floating interest rate , for a specified amount that matures in between one and ten years, and requires …   Financial and business terms

  • term loan — Fin a loan for a fixed period, usually called a personal loan when it is for nonbusiness purposes. While a personal loan is normally at a fixed rate of interest, a term loan to a business may be at either a fixed or variable rate. Term loans may… …   The ultimate business dictionary

  • Term Loan — A loan from a bank for a specific amount that has a specified repayment schedule and a floating interest rate. Term loans almost always mature between one and 10 years. For example many banks have term loan programs that can offer small… …   Investment dictionary

  • term loan — loan for a fixed period of time that is repaid in full at the end of the term …   English contemporary dictionary

  • term loan — A loan from a bank to a company. The term of the loan is fixed and it is drawn down (see drawdown) immediately or within a short period of signing the loan agreement as set out in the amortization schedule …   Accounting dictionary

  • term loan — A loan from a bank to a company. The term of the loan is fixed and it is drawn down (see drawdown) immediately or within a short period of signing the loan agreement as set out in the amortization schedule …   Big dictionary of business and management

  • term loan — / tɜ:m ləυn/ noun a loan for a fixed period of time …   Dictionary of banking and finance

  • term loan — noun : a loan extended by banks or insurance companies to corporations with provision for serial repayment generally for a period of from 5 to 15 years …   Useful english dictionary

  • long-term loan — ➔ loan1 * * * long term loan UK US noun [C] FINANCE ► a loan that is to be paid back over a period of time between three and ten years, and sometimes for as long as twenty years: »The program makes long term loans available for purchasing land,… …   Financial and business terms

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