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asset conversion loan
as·set con·ver·sion loan (plural as·set con·ver·sion loans)


noun 
Definition:
 
loan repaid by liquidating asset: a loan that will be repaid once a particular asset has been converted into cash
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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