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
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