bridging loan
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The Exchange Stabilization Fund is the Treasury’s crisis-funding vehicle through which the bridging loan to prop up the Argentine currency would be made.
From Salon
The JaeVee group has said it is in the process of buying back both the Eastern Escape and the Ferry Boat Inn sites using a bridging loan and that the interests of investors in these projects were being protected.
From BBC
Most properties still sell within the three-month timeframe of a standard bridging loan: The average home in Australia's major cities took 31 days to sell in August, while sellers may also factor in a contract settlement time of about six weeks.
From Reuters
While four months of interest rate hikes forced all lenders to put up their mortgage rates, they may also have allowed bridging loan providers to narrow the gap between their rates and those of standard mortgage loans, making their products more palatable for borrowers.
From Reuters
"We put our rates up and braced for a slowdown, but it's still full steam ahead," said Jack O'Reilly, CEO of funding.com.au, a bridging loan specialist whose monthly loan volumes are up 50% from a year ago.
From Reuters
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.