Bank Pool Loan

Business, Legal & Accounting Glossary

Definition: Bank Pool Loan


Bank Pool Loan


Full Definition of Bank Pool Loan


A relatively new type of loan that allows U.S. companies to borrow up to $10 million from European banks. With this type of loan, a group of European banks form a pool whose sole purpose is to lend money to a U.S. company. The loan is usually secured by stock in the U.S. company.


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https://payrollheaven.com/define/bank-pool-loan/
Modern Language Association (MLA):
Bank Pool Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 29, 2021 https://payrollheaven.com/define/bank-pool-loan/.
Chicago Manual of Style (CMS):
Bank Pool Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/bank-pool-loan/ (accessed: November 29, 2021).
American Psychological Association (APA):
Bank Pool Loan. PayrollHeaven.com. Retrieved November 29, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/bank-pool-loan/

Definition Sources


Definitions for Bank Pool Loan are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.