Definition of bridging loan noun from the Oxford Advanced Learner's Dictionary


bridging loan

BrE BrE//ˈbrɪdʒɪŋ ləʊn//
; NAmE NAmE//ˈbrɪdʒɪŋ loʊn//
(British English) (North American English bridge loan) Buying a home
jump to other results
an amount of money that a bank lends you for a short time, especially so that you can buy a new house while you are waiting to sell your old one See related entries: Buying a home