Dictionary
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| as·set con·ver·sion loan (plural as·set con·ver·sion loans) |
noun |
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| Definition: |
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loan repaid by liquidating asset: a loan that will be repaid once a particular asset has been converted into cash
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| Encarta® World English Dictionary [North American Edition] © & (P)2007 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc. |
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