The sale or credit advance of a portion of a long-term loan for a short period of time. An example of this type of transaction would be when an individual is allowed to borrow a portion of a 5-year credit line for a period of 60 days.
Related information about loan strip:
- Loan Strip Definition | Investopedia
A loan strip is a share of a long-term loan (such as a five-year loan), in which the loan-strip holder receives the agreed-upon amount at maturity. The maturity is ...
- Loan Strip: Definition from Answers.com
Loan Strip Short-term credit advance made under a long-term lending commitment. For example, a 90-day time loan made under a five-year revolving line of.
- What is loan strip? definition and meaning
Definition of loan strip: The sale or credit advance of a portion of a long-term loan for a short period of time. An example of this type of transaction would be when ...
- 12 CFR 204.132 - Treatment of loan strip participations. - Code of ...
12 CFR 204.132 - Treatment of loan strip participations. - Code of Federal Regulations - Title 12: Banks and Banking - PART 204: RESERVE REQUIREMENTS ...
- 12 CFR 204.132 - Treatment of loan strip participations. | LII / Legal ...
12 CFR 204.132 - Treatment of loan strip participations. There are 2 Updates appearing in the Federal Register for 12 CFR 204. Select the tab below to view, ...
- ARE LOAN SALES REALLY 0FF—BALANCE SHEET? by
loan participations.8 A loan strip represents a short-term share of a longer- term loan ... implicit guarantee on a loan strip arises when the contract explicity states ...
- FDIC Law, Regulations, Related Acts - FRB Regulations
Dec 3, 2009 ... 204.132 Treatment of Loan Strip Participations. (a) Effective March 31, 1988, the glossary section of the instructions for the Report of Condition ...
- Second (2nd) Mortgage Written Off after Bankruptcy (BK)
Sep 15, 2009 ... Unless you discharge 2nd (I think can only be done in Chapter 13) and do loan strip, a write off can result in a lien or a debt collector coming ...