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Home > Terms > English, UK (UE) > Fixed rate term loans
Fixed rate term loans
A loan that is due at the end of a fixed term (interest may be due periodically) and that has a fixed rate of interest established at the time of the loan. With respect to LMA loans, fixed rate term loans are generally available for terms of one month to five years.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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