English Explanatory Dictionary

NINJA loan

English dictionary entry

Meanings

noun

A subprime loan issued to borrowers with no job, income, or assets.

noun

Alternative letter-case form of NINJA loan.

Word forms

NINJA loan NINJA loans

Etymology

Coined by the American lending company HCL Finance from an approximate initialism of no income, no job, no assets.

Related words

NINA loan liar loan

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