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bridge loan
noun
: a short-term loan used to finance an enterprise, investment, or government pending the receipt of other funds
Examples of bridge loan in a Sentence
Recent Examples on the Web
This funding consists of a construction loan of $29 million and temporary financing in the form of a bridge loan totaling $37 million, the county records show.
—George Avalos, The Mercury News, 5 June 2024
The landlord, specializing in health care facilities, initially provided Steward with a $60 million bridge loan in January.
—Bruce Gil, Quartz, 6 May 2024
The refinance, which is known in the industry as a bridge loan, replaces the initial $114 million construction loan that U.S. Bank provided to enable the construction of Station 16, which is part of the Gateway at Millbrae mixed-use development next to the BART station.
—George Avalos, The Mercury News, 23 Apr. 2024
However, there’s a complicating factor with Arizona: The $31.6 million bridge loan to athletics.
—Jon Wilner, The Mercury News, 17 Apr. 2024
See all Example Sentences for bridge loan
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'bridge loan.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1973, in the meaning defined above
Dictionary Entries Near bridge loan
Cite this Entry
“Bridge loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bridge%20loan. Accessed 4 Jul. 2024.
Legal Definition
bridge loan
see loan
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