bank loan

bank loan(bank advance) A specified sum of money lent by a bank to a customer, usually for a specified time, at a specified rate of interest. In most cases banks require some form of security for loans, especially if the loan is to a commercial enterprise. See alsoloan account; overdraft; personal loan.

• open policy
• open position
• open shop
• open-source
• open standards
• open system
• operating budget
• operating costs
• operating doctrine
• operating lease
• operating profit/loss
• operating statement
• operating system
• operational gearing
• operational indicators
• operational research
• operational risk
• operation job card
• operations
• operations management
• operations manager
• operations strategy
• opinion leaders
• opinion poll
• opinion seeker