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bridging loan

   Also found in: Financial, Wikipedia 0.03 sec.
bridging loan
n
(Economics, Accounting & Finance / Banking & Finance) a loan made to cover the period between two transactions, such as the buying of another house before the sale of the first is completed
Translations
bridging loan [ˈbrɪdʒɪŋˌləʊn] N (Brit) (Fin) → crédito m puente
bridging loan
bridging loan [ˈbrɪdʒɪŋˈləʊn] n (Brit) → prefinanziamento


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What are the mechanics of a bridging loan and what should the consumer concern themselves with What are the mechanics of a bridging loan and what should the consumer concern themselves with The often advised considerations of a bridging loan are to confirm the rate payable, depending on charge type anything between .
NNPC is still not in a position to finance its share of joint ventures with its international oil company partners, a state of affairs that means Shell had to grant a bridging loan to NNPC in early 2009 as an interim measure.
In times when you must relocate for yours or your personal partner''s job, for example, you may find it better to take out a bridging loan to buy the new home, instead of moving into a rental while you wait for your old home to sell.
 
 
 
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