| 释义 |
signature loan
sig′nature loan`
n. a loan requiring no collateral. Signature loan
Signature loanA good faith loan that is unsecured and requires only the borrower's signature on the loan application.Signature LoanA loan with no collateral that one borrows from a bank upon request. Signature loans may have high interest rates (because of the risk of no collateral), and they may be fairly small. For example, one may borrow a signature loan of $4,000 to consolidate and pay old medical bills. |