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 After fundraising and a grant from the Lilly Endowment, Big Car still needs to raise about $2 million to pay back an Impact Central Indiana bridge loan and start a property maintenance fund. —

Domenica Bongiovanni, The Indianapolis Star, 11 July 2024 Likely uses of the money include additional housing vouchers, bridge loans for construction projects and other programs, city officials say. —

Joe Rubino, The Denver Post, 8 July 2024 But this time, the Fed refused to intervene, basing its decision on a judgment that Lehman did not have enough good collateral to cover what might have been a short-term bridge loan. —

Alan S. Blinder, Foreign Affairs, 16 Feb. 2015 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 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

Time Traveler

The first known use of bridge loan was in 1973

See more words from the same year

Cite this Entry

Style

“Bridge loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/bridge%20loan. Accessed 19 Sep. 2024.

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