purpose loan

Purpose loan

A loan that is backed by securities and that is used to buy other securities under certain government regulations.

Purpose Loan

A loan with securities pledged as collateral in which the proceeds from the loan are used to buy other securities. See also: Margin loan.

purpose loan

A loan using securities as collateral with proceeds from the loan being used to purchase additional securities. Compare nonpurpose loan.
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He said for this purpose loan should be provided to them both by the government and banks.
Strict action being taken against illegal occupants of govt houses: NA told
Another amount of Rs 8,235,075 paid for general purpose loan.
PTA paid extra allowances amounting to Rs 36.203m to its officers
Some uses for a non purpose loan include: Financing real estate opportunities; Paying your taxes; Refinancing high interest non-purpose debt; Financing business opportunities; Funding higher education; Buying a luxury item
Securities-based lending: an opportunity for investors
The general purpose loan has attracted international attention and is the first to be raised by a public sector corporate borrower.
Committed to liberalization
30, 2017, the multiple purpose loan portfolio consisted of: 45% single-family whole loans, 48% MBS certificates, and 7% multi-family loans.
Fitch Rates Vermont HFA Multiple Purpose Bonds 2017 Series E 'AA'/'F1+'; Outlook Stable
3 million municipal purpose loan of 2008 bonds, series A, and $1.
BRIEFS
31, 2017, the multiple purpose loan portfolio consisted of: 47% single-family whole loans, 46% MBS certificates, and 7% multi-family loans.
Fitch Rates Vermont HFA Multiple Purpose Bonds 2017 Series C&D 'AA'; Outlook Stable

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