Meaning of bridge loan | Babel Free

Definitions

A sum of money loaned or borrowed for a short period of time in order to cover expenses until new expected funds become available.

Equivalents

Examples

“The merger, however, depends upon Icahn's ability to provide a bridge loan to help Pan Am cover losses during the low-traffic season.”

“"It's not our fault that the economy is in the tank," he said. "What we need is a low interest bridge loan to get us through the difficult time."”

CEFR level