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ADC loan
ADC loan
(
plural
ADC loans
)
noun
Definition:
all-purpose development loan:
a loan designed to cover the acquisition, development, and construction of property or real estate
[
Abbreviation of acquisition, development, and construction
]
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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