dealer loan

Dealer loan

Overnight, collateralized loan from a money market bank made to a dealer financing his position by borrowing.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Dealer Loan

A loan to a dealer by a bank. Dealers take out dealer loans in order to finance inventory for their trades. Dealer loans are payable in 24 hours of receipt, and must carry collateral.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

dealer loan

A short-term secured bank loan to a security dealer for the purpose of financing inventory.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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