Definition of Tied Loan

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TeachMeFinance.com - explain Tied Loan



Tied Loan -- A loan made by a government that requires a foreign borrower to spend the proceeds in the lender's country.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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