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consolidated loan
con·sol·i·dat·ed loan (plural con·sol·i·dat·ed loans)


noun 
Definition:
 
loan embracing previous debts: a single loan made to a borrower so that a number of previous loans can be repaid and cease to exist
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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