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

译者Mathew，国际知名法学院国际仲裁与争端解决专业，擅长翻译各种与美国国内仲裁相关的法律文件。