soft loan

soft loan definition - business

soft loan

A loan in which favorable repayment terms have been granted to the borrower. For example, a loan may have a below-market rate of interest or an extended grace period. Soft loans are often offered to developing countries.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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