What does bridge loan mean?

bridge loan

Word Rarity Uncommon

Frequency: Zipf frequency 4.42 in modern English

Scrabble Score

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noun

"The merger, however, depends upon Icahn's ability to provide a bridge loan to help Pan Am cover losses during the low-traffic season."
""It's not our fault that the economy is in the tank," he said. "What we need is a low interest bridge loan to get us through the difficult time.""

bridge loans (plural) bridging loan (alternative)

How to pronounce bridge loan

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