FT MarketWatch

Bank term loan

A bank Loan to a company, with a fixed Maturity and often featuring Amortization of Principal. If this Loan is in the form of a line of Credit, the funds are drawn down shortly after the agreement is signed. Otherwise, the borrower usually uses the funds from the Loan soon after they become available. Bank Term loans are very a common kind of lending.

Related Terms: 18 Amortization, Bank term loan, Borrow, Credit, Dow, Fund, Inc., Lend, Line of credit, Loan, Maturity, Owe, Own, Principal, Ring, Short, Term, Term loan
Other Related Pages: Category: Lending_and_Credit Starting With: B
Additional Related Terms: 10-K, 12b-1 funds, Allowance for depreciation, Amortization, Available assets, Agent bank, Automatic Funds Transfer, Accrual of discount, After-tax basis, Amortization of premium