character loan

A loan made in reliance on the borrower’s character and stable earnings.

• Character loans are usu. secured by a mortgage or by other property, but sometimes they are unsecured.

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词条贡献者

双语律师Max，国际知名法学院法律专业，擅长翻译各类与航空航天、国防及政府服务相关的法律文件。