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

Gross profit margin

Gross profit divided by sales, which is equal to each sales dollar left over after paying for the cost of goods sold.

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