Bridge-loan meaning

The definition of a bridge loan is a short-term loan to provide financing for a specific activity.

An example of a bridge loan is a loan taken out by a developer to pay for land and building materials while a house is being built and sold on the land.

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A short-term loan meant to provide or extend financing until a more permanent arrangement is made.
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A short-term loan that provides interim financing for the purchase of new property until the old property can be sold.
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A short-term loan used to finance a corporate takeover that is often repaid by selling assets of the acquired company.
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Short-term loan to cover excessive or concurrent obligations, as in the case of a loan to cover two separate mortgages until borrower is able to sell one home.
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(business, finance) A sum of money loaned or borrowed for a short period of time in order to cover expenses until new expected funds become available.
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