单词 | demand loan |
释义 | demand loan demand loan (also call loan) noun [C] (both especially AmE)
(Finance ) a type of loan which a borrower agrees to pay back as soon as the lender asks: Until a repayment date is decided, the loan will be treated as a demand loan. The company secured a $6.5 million demand loan facility. ⇨ TERM LOAN |
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