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Home > Terms > English, UK (UE) > Gold loans
Gold loans
A form of debt financing whereby a potential gold producer borrows an amount of gold from a lending institution, sells the gold on the open market, uses the cash for company purposes (ie building a mine), then pays back the gold from actual mine production.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Energy
- Category: Energy trade
- Company: Platts
- Product:
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