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Finance Dictionary and Glossary of Investment Terms
soft loan
Definition 1.
A loan with generous repayment terms.
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Definition 2.
1. A loan with a below-market rate of interest. 2. Loans made by multinational development banks and the World Bank to developing countries. Typically, soft loans have extended grace periods in which only interest or service charges are due, in addition to offering longer amortization schedules and lower interest rates than conventional bank loans.
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