Dictionary Entry
bridge loan
nounFind the meaning of the word bridge loan, plus dictionary definition, pronunciation, thesaurus-style synonyms, antonyms, and related vocabulary.
Missing dictionary details are being fetched in the background.
1
Meaning
Dictionary meaning in a clear, student-friendly format.
A short-term loan used to cover expenses until permanent financing is secured, often used in real estate transactions.
Example Sentence
To purchase their new home before their old one sold, they secured a bridge loan to cover the down payment.
Usage Note
This type of loan is useful when you need funds immediately for a purchase or project but are waiting for long-term financing or the sale of another asset to become available, helping to avoid delays.
Antonyms
No antonyms have been added to this entry yet.