For Americans, an evergreen loan is a short-term loan that is continually renewed rather than repaid.
It was given to the Yorkshire Sculpture Park near Wakefield on short-term loan in 1997.
As a result, normal day-to-day short-term loan transactions ceased and the velocity of money went to zero.
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Of that, 40.5% was specifically for repaying bonds, while 35% backed term loan takeouts, according to LCD.
Once Ronald Lauder became owner of the painting, it went to the Neue Galerie on long-term loan.
That same data could also reveal a customer's need for a savings account, short-term loan or new credit card.
You should also compare loan types adjustable versus fixed rate and consider a longer-term loan.
BillFloat announced a new twist on its short-term loan service for bill payments.
One would be a long-term loan deal and newspaper speculation has linked West Ham striker Freddy Sears with a move.
The 57 Italian Baroque masterpieces were already on long-term loan to six British museums and galleries, including London's National Gallery.
Luis Dimas stood with his family and told the crowd he has been trying to negotiate a long-term loan modification for months.
Excluded from bond markets last year, and with a short-term loan from Russia fast running out, Cyprus had to ask for help.
It appears, according to the lawsuit, that Gillett entered into a high yielding term loan that carried a 19% annual interest rate.
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The branch offered him prepaid cards, check cashing and short-term loan options.
Normally a long-term loan attracts a higher interest rate because the money is tied up for longer and thus subject to more risks.
But by June last year ATI had defaulted on its term loan and likely had not paid interest on its term loan for months.
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If the borrowing taxpayer has met the requirement, he or she would have a long-term loan to be paid back at a competitive interest rate.
We were able to source competitively-priced bank loans like our recently executed secured term loan facility with the Import-Export Bank of Korea and ABN AMRO.
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We all know that short term loan are made to clients that you do not fully trust yet you are willing to give an opportunity.
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Hopefully, we are getting back to a mentality where we only buy what we can afford without taking out a short-term loan sometimes called a credit card transaction.
They ended up not making as large a monthly payment as they would have on a term loan, however, so the car wasn't getting paid off as quickly.
And BNDES is practically alone in the long-term loan business.
The club was unavailable for comment on Friday, but earlier it was announced that a short-term loan had been taken out to help with the day-to-day running of the club.
At the mercy of the banks, DeWelt agreed to a two-point increase in the interest rate, to 7.75% on its revolving line of credit borrowings and 6.93% on its term loan.
According to the tax code, at the time you make a no-interest term loan, you've made an immediate gift of the present value of the interest you'll forgo over the entire term.
Officials had predicted they would be unable to pay city employees as of Thursday, unless they could find a short-term loan to bridge the gap until tax revenue is collected in March.
If a lender is willing to accept a lower return on a long-term loan than he could get on a short-term one, it usually means he is worried that economic growth will stall.
It was more like a short term loan.
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But neither party is willing to tell the IRS to cut the nonsense and stop pretending that there is a difference between owning a term loan, a revolving working capital loan, commercial paper or a bond.
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