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Từ vựng:

term loan

Giải nghĩa:

/tɜrm loʊn/ – Phrase


Definition: Khoản vay dài hạn.

A more thorough explanation: a loan which must be repaid within a specific time according to a set repayment schedule

Example: The bank cannot call in a term loan before time unless the borrower is in breach of the agreement.

 

 
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