bridge loan(redirected from Caveat loan)
Also found in: Financial.
Related to Caveat loan: bridge loans
A short-term loan meant to provide or extend financing until a more permanent arrangement is made. Also called swing loan.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
a short-term loan used for interim or emergency financing, as between selling a house and buying another. Also called swing loan.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.