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“bridge loan”
Primarily in the U.S., money which a bank loans to a person for a short period of time until he or she receives the money that will be provided from another source; such as, from selling a house, a car, etc.: Ernie received a notice from the bank to reassure him that the bridge loan for which he had applied was approved.
This entry is located in the following unit:
English Words in Action, Group B
(page 9)