term loan
noun [ C ]
ukus BANKING, FINANCE
a sum of money that is borrowed and has to be paid back over a fixed period of time:
The loan is a $400 million 5-year term loan.
The deal is funded by a term loan from the Royal Bank of Scotland.
| 单词 | term loan |
| 释义 | term loan noun [ C ] ukus BANKING, FINANCE a sum of money that is borrowed and has to be paid back over a fixed period of time: The loan is a $400 million 5-year term loan. The deal is funded by a term loan from the Royal Bank of Scotland. |
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