Bank loan
volume
British pronunciation/bˈaŋk lˈəʊn/
American pronunciation/bˈæŋk lˈoʊn/

Definition & Meaning of "bank loan"

Bank loan
01

a sum of money borrowed from a bank that is typically repaid over a period of time with interest

example
Example
examples
The bank loaned funds to prop the company up during its financial crisis.
The bank loan repayment was recorded as a credit in the liabilities account.
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