Loan strip

Loan strip is the sale of a portion of a large loan for a short period of time, usually for a period less than the loan’s remaining time to maturity.

Category: Banking & Finance

Share it: CITE

Previous:
Computer Programming

Next:
Loan workouts

Related Definitions

Signature Loan
Signature Loan is the borrowed amount with a set rate...
Chattel Loan
A Chattel Loan is a type of mortgage loan that...
Secured loan
A loan backed with some form of collateral; property, equipment,...
Savings and loan association (S&L)
Corporation that traditionally offered savings accounts with interest rates higher...
Policy loan
Policy loan is a cash value of a life insurance...