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What is another word for soft loan?

Pronunciation: [sˈɒft lˈə͡ʊn] (IPA)

A soft loan, also known as a concessional loan, is a loan that comes with more favorable terms and conditions than standard commercial loans. It is generally provided by governments, international organizations, or other entities to support economic or social development in the recipient country. There are several synonyms for the term soft loan, including subsidized loan, low-interest loan, development loan, aid loan, and humanitarian loan. These loans may offer extended repayment periods, lower interest rates, and more flexible terms to help borrowers repay the loan over an extended period. The main goal of a soft loan is to promote economic growth and reduce poverty in developing countries.
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What are the hypernyms for Soft loan?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for soft loan?

Hard loan would be the antonym for soft loan. While soft loans involve low-interest rates, flexible repayment terms, and minimal collateral, hard loans come with high-interest rates, fixed repayment schedules, and require substantial collateral. Unlike soft loans, hard loans are usually obtained from financial institutions, such as banks, and may come with stricter eligibility requirements. Hard loans are often used for business ventures and large investments, while soft loans are commonly sought by individuals or small businesses in need of financial support for personal or community development projects. Knowing the difference between soft loans and hard loans can help borrowers make informed financial decisions.

What are the antonyms for Soft loan?

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