Non-purpose loan
What is
Non-purpose loan
Non-purpose loan is one for which is no clearly defined and agreed purpose for which the funds will be consumed. It is mostly used to cover unspecified operational needs.
Related terms and methods:
- Debt financing
- Liability
- Line of Credit
- Loan
- Operating loan
- OPEX (Operational Expenditure)
- Overdraft loan
- Purpose loan
Related industry / sector:
Related management field:
Last update: 10.02.2018
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