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on-the-spot loan
on-the-spot loan (plural on-the-spot loans)


noun 
Definition:
 
loan made without preliminaries: a loan made without verification of the borrower's creditworthiness, usually because the lender previously verified it
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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