FT MarketWatch

Evergreen loan

A short-term Loan which is continually renewed rather than repaid.

Related Terms: 6 Loan, Paid, Short-term, Short, Term, Term loan
Other Related Pages: Category: Lending_and_Credit Starting With: E
Additional Related Terms: At par, All or any part, At best, At call, All-risks coverage, At risk, Add-on service, As is, Attorney in fact, Amortization term