Bow Tie Loan

Business, Legal & Accounting Glossary

Definition: Bow Tie Loan


Bow Tie Loan


Full Definition of Bow Tie Loan


A short-term, variable-rate loan in which interest payments above a certain rate are deferred until the maturity date. For example, an individual might take out a bow tie loan with an upper limit on the interest rate at 20%. Interest on the loan will fluctuate with the market, but if interest rates go above 20% the borrower will not have to pay the amount over 20% until the loan is mature.


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Bow Tie Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 09, 2023 https://payrollheaven.com/define/bow-tie-loan/.
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Bow Tie Loan. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bow-tie-loan/ (accessed: February 09, 2023).
American Psychological Association (APA):
Bow Tie Loan. PayrollHeaven.com. Retrieved February 09, 2023
, from PayrollHeaven.com website: https://payrollheaven.com/define/bow-tie-loan/

Definition Sources


Definitions for Bow Tie 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.