← Back to search

Meaning of term loan | Babel Free

Noun CEFR B2

Definitions

A monetary loan that is usually repaid in regular payments over a set period of time.

Examples

“The debt is split between $6.5bn of term loans, as well as $6bn of senior and junior bonds and a $500mn revolver.”

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

term logic term of address term of art term of endearment term of notice term of office