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bank loan

an amount of money loaned at interest by a bank to a borrower, usually on collateral security, for a certain period of time. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for bank loan
  • The other was external debt: either a bank loan or a credit-card balance.
  • To be sure, for some people the best route out of poverty will be a bank loan.
  • Credit between family members requires the formalities of a bank loan, but the rate can be more favorable.
  • They said it was not a bank loan, nor was collateral needed to secure it.

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