term out
C1 formal separable both
In simple words
When a bank loan reaches its end date, or when you change a short-term loan into one that lasts much longer.
Meanings
1 C1 formal
Of a loan or credit facility: to reach the end of its agreed term.
"The revolving credit line will term out in March, and the company must decide whether to refinance."
2 C1 formal
To convert a short-term loan into a longer-term structured arrangement.
"The bank agreed to term out the bridging loan over five years to help the business recover."
Grammar: separable
Usage notes
Specialist financial/banking terminology. Not used in everyday speech. Learners will encounter this in business English, banking, and finance contexts.
Commonly used with
loan debt credit facility borrowing revolving credit
Forms
Base
term out
I/you/we/they
3rd person
terms out
he/she/it
Past simple
termed out
yesterday
Past participle
termed out
have + pp
-ing form
terming out
continuous
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Synonyms
mature expire run to term restructure refinance
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