English Explanatory Dictionary

counterloan

English dictionary entry

Meanings

noun
  1. A deposit agreed upon by a borrower to be made available to the lender for him to profit from reinvestment.

Pronunciation

/ˈkaʊntə(ɹ)ˌləʊn/ LL-Q1860 (eng)-Vealhurl-counterloan.wav

Word forms

counterloan counterloans counter-loan counter loan

Etymology

From counter- + loan.

Related words

back-to-back loan
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