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SourceLaw Dictionary Browse Letter B

Bridging Loan

Legal definition for Indian law research

Definition

Bridging loan, is a loan, by a person whom a bridging statement has been made to the person who made the statement, of a principal sum no greater than a sum specified in the statement as the net receipt which the borrower expects from an intended disposal of land, Halsbury's Laws of England, Vol. 4, 4th Edn., Para 891, p. 566.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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