term loan

noun

A monetary loan that is repaid in regular payments over a set period of time.

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Meanings

nounterm loan (plural term loans)

plural term loans

  1. businessA monetary loan that is repaid in regular payments over a set period of time.

    The debt is split between $6.5bn of term loans, as well as $6bn of senior and junior bonds and a $500mn revolver.

    2023 December 16, “Musk told lenders they would not lose money on Twitter deal”, in FT Weekend (Companies & Markets section), London: The Financial Times Ltd., →ISSN, →OCLC, page 10
Cite this entry
APA

term loan. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/term%20loan

MLA

“term loan.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/term%20loan. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “term loan,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/term%20loan.

Source: term loan on Wiktionary, CC BY-SA 4.0.