Bank loan

Definition

Usually refers to a loan or a line of credit expended to a corporation from a traditional bank. Also see: Leveraged loan

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University


Term of the Day

Managing underwriter
The leading firm in an underwriting group, which originates the deal and acts as an agent for the group.

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