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soft loan

   Also found in: Financial, Wikipedia 0.01 sec.
soft loan
n
(Economics, Accounting & Finance / Banking & Finance) a loan on which interest is not charged, such as a loan made to an undeveloped country


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Kyrgyzstan Development Fund allocated US$27 million soft loan for construction of the Kambar-Ata-2 hydroelectric station.
Saudi Arabia has granted Pakistan a $380 million soft loan to mainly support its budget, in the biggest single donation since donors pledged $5.
Summary: RIYADH - Saudi Arabia has granted Pakistan a $380 million soft loan to mainly support its budget, in the biggest single donation since donors pledged $5.
 
 
 
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