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bank loan

 

Definitions from WordNet

Noun bank loan has 1 sense
  1. bank loan - a loan made by a bank; to be repaid with interest on or before a fixed date
    --1 is a kind of
    loan
    --1 has particulars: business loan, commercial loan; interbank loan

Definitions from the Web

Bank Loan

Description:

A bank loan refers to a sum of money borrowed by an individual, business, or organization from a bank or financial institution, generally with the intention of being repaid over time with interest. It is a common form of financing for various purposes, such as starting or expanding a business, purchasing a home or car, or funding personal expenses.

Sample Sentences:

  1. I applied for a bank loan to finance my new business venture.
  2. The bank approved his bank loan application after reviewing his credit history.
  3. She obtained a bank loan to buy her dream house.
  4. The company relied on a bank loan to upgrade its manufacturing facilities.
  5. He paid off his bank loan in monthly installments over a period of five years.

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