Meaning Wrap-around loan
What does Wrap-around loan mean? Below you find one meaning for the word Wrap-around loan You can also add a definition of Wrap-around loan yourself
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Wrap-around loanA long-term loan structured around a short-term loan in such a way as to postpone repayments of the principal (and sometimes the interest) on the long-term loan until the short-term loan is repaid.
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