Air Loan Definition Term Loan Definition

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What is term loan? definition and meaning ...
Asset based short-term (usually for one to five years) loan payable in a fixed number of equal installments over the term of the loan. Term loans are generally provided as working capital for acquiring income producing assets (machinery, equipment, inventory) that generate the cash flows for repayment of the loan.
Term loan financial definition of term loan
A loan from a bank with a floating interest rate, the total amount of which must be paid off in a certain period of time.An example of a term loan is a loan to a small business to buy fixed assets, such as a factory, in order to operate.The length of a term loan varies between one and 10 years, depending on the loan agreement.
Loan definition and meaning | Collins English Dictionary
Loan definition: A loan is a sum of money that you borrow . | Meaning, pronunciation, translations and examples ... The scheme lets employees benefit from the long-term loan of bikes and cycling accessories. Times, Sunday Times (2010) The Charlton striker is enjoying his loan spell after so long out following a nose op.

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