bridging loan — noun A short term loan, usu for a fairly large sum and at a relatively high rate of interest, providing bridging for a business transaction, esp house purchase • • • Main Entry: ↑bridge * * * bridging loan UK [ˈbrɪdʒɪŋ ˌləʊn] US [ˈbrɪdʒɪŋ ˌloʊn]… … Useful english dictionary
bridging loan — bridging loans N COUNT A bridging loan is money that a bank lends you for a short time, for example so that you can buy a new house before you have sold the one you already own. [BRIT] … English dictionary
bridging loan — bridging .loan BrE bridge loan AmE n an amount of money that a bank lends you for a short period of time until you receive money from somewhere else … Dictionary of contemporary English
bridging loan — ► NOUN chiefly Brit. ▪ 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 … English terms dictionary
bridging loan — UK [ˈbrɪdʒɪŋ ˌləʊn] / US [ˈbrɪdʒɪŋ ˌloʊn] noun [countable] Word forms bridging loan : singular bridging loan plural bridging loans British money that someone borrows when they have bought a house but have not yet sold their own house … English dictionary
bridging loan — short term loan until a long term loan is secured … English contemporary dictionary
bridging loan — / brɪdʒɪŋ ləυn/ noun a short term loan to help someone buy a new house when the old one has not yet been sold (NOTE: The US term is bridge loan.) … Dictionary of banking and finance
bridging loan — bridg|ing loan [ brıdʒıŋ ,loun ] noun count money that someone borrows when they have bought a house but have not yet sold their own house … Usage of the words and phrases in modern English
bridging loan — (N. Amer. bridge loan) noun 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 … English new terms dictionary
bridging loan — A loan taken on a short term basis to bridge the gap between the purchase of one asset and the sale of another. It is particularly common in the property and housing market … Accounting dictionary