Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Bank Loan

Definition of 'Bank Loan'

A bank loan is usually extended for a fixed term with a pre-agreed schedule of interest and capital repayments. Interest is usually payable on the initial amount borrowed, regardless of the falling balance as repayments are made.