overnight loan
noun[C]
ukusBANKING,FINANCE
aloanthat abankmakes to anotherbankfor ashortperiodoftime:
Thefederalfundsratewhich ischargedonovernightloansbetweenbanksis at anhistoriclow.
FINANCE
→payday loan
| 单词 | overnight loan |
| 释义 | overnight loan noun[C] ukusBANKING,FINANCE aloanthat abankmakes to anotherbankfor ashortperiodoftime: Thefederalfundsratewhich ischargedonovernightloansbetweenbanksis at anhistoriclow. FINANCE →payday loan Examplesofovernight loanovernight loan The facility was intended to improve the ability of broker dealers to access liquidity in theovernightloanmarket that banks use to meet their reserve requirements. From Wikipedia Most of these overnight loans are booked without a contract and consist of a verbal agreement between parties. From Wikipedia These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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