Definitions of construction loan
a short-term agreement to lend money to pay for land development and building with a security interest in the property,
The developer of the hotel obtained a $34 million construction loan for the 206-room project.
rzeczownik
full
noun
a short-term agreement to lend money to pay for land development and building with a security interest in the property,
The developer of the hotel obtained a $34 million construction loan for the 206-room project.