Term:
Bridging (bridge) loan
Definition:
A bridging loan is a short-term advance pending receipts of funds by the borrower from the same or another source
Domain:
Finance
Source:
External Debt: Definition, Statistical Coverage and Methodology, A Report by an International Working Group on External Debt Statistics of the World Bank, IMF, BIS, OECD, OECD, Paris, 1988, Glossary