Difference between revisions of "Soft Loans"
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1. A loan with a below-market rate of interest. <br>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. They also offer longer amortization schedules and lower interest rates than conventional bank loans. | 1. A loan with a below-market rate of interest. <br>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. They also offer longer amortization schedules and lower interest rates than conventional bank loans. | ||
| − | Definition by [http://www.investopedia.com/terms/s/softloan.asp ''Investopedia''] | + | Definition by [http://www.investopedia.com/terms/s/softloan.asp ''Investopedia''] |
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| + | <u>Related Links:</u> | ||
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| + | [http://www.ccre.com.cn/English/BG.htm#ISDR International Support for the Support of Renewables in China] | ||
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| + | <br> | ||
Revision as of 19:24, 12 June 2009
Definition
A soft loan is:
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. They also offer longer amortization schedules and lower interest rates than conventional bank loans.
Definition by Investopedia
Related Links:
International Support for the Support of Renewables in China
