Home > Glossary > Take-out Loan
Meaning / Definition of
Take-out Loan
Categories: Credit and Debt,
long term financing for commercial real estate or real property that is often used to replace short-term loans. Take-out loans have fixed payments, interest and principal payments and often a single balloon payment upon maturity.
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Definition / Meaning of
Concurrent Causation
Categories: Insurance, Credit and Debt, Real Estate,
removed
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