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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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更新时间:2024/11/13 15:07:38