Definition

Term Loan

Term Loan is a loan intended for medium-term or long-term financing to supply cash to purchase fixed assets such as machinery, land or buildings or to renovate business premises

Share it:  Cite

More from this Section

  • Cofinancing agreements
    Cofinancing agreements— arrangement in which the World Bank participates along with ...
  • International Fisher Effect (IFE)
    The international fisher effect (IFE) a major theory in international finance. It is ...
  • Basis Points
    Basis Point means one-hundredth (100) of one percentage point (i.e. 0.01%), normally used ...
  • Convergence
    Convergence is the bringing together of firms from different industries to crate conglomerate ...
  • Margin
    Margin is a part of the value of security, which is not given as a loan by the bank or ...