soft loan
Lenient borrowing terms
A soft loan is a loan with favorable terms—lower interest rates, longer repayment periods, or grace periods before payments begin.
Governments and international development organizations extend soft loans to developing countries or struggling industries: The World Bank provided soft loans to rebuild infrastructure.
The "soft" distinguishes these from standard commercial loans with market-rate terms.
Inclined toward approval
- preferentialGiven special advantage
- subsidizedOffset by external funding
- grace periodAllowed delay before consequences
- low interestLittle attention or appeal
deferred payment · interest-free · reduced rate · affordable · long-term · installments · amortization · principal
Basic physical systems
- poverty alleviationReducing extreme economic need
- rural developmentCountryside economic and social improvement
- healthcareOrganized provision of treatment
- educationSystematic development of mind
sanitation · housing · agriculture · renewable energy · industrialization · modernization · sustainability · empowerment
Involving two parties
- multilateralInvolving multiple parties
- foreign aidCross-border governmental help
- geopoliticalRelating to global power dynamics
- strategicDeliberately planned for advantage
goodwill · diplomatic relations · economic cooperation · trade agreement · sphere of influence · conditionality · sovereignty
Global development finance institution
- IMFGlobal economic assistance organization
- development bankInstitution financing economic growth
- government agencyState administrative body
- USAIDFederal foreign assistance agency
favorable
Inclined toward approval
- preferentialGiven special advantage
- subsidizedOffset by external funding
- grace periodAllowed delay before consequences
low interest · deferred payment · interest-free · reduced rate · affordable · long-term · installments · amortization · principal · creditworthiness
infrastructure
Basic physical systems
- poverty alleviationReducing extreme economic need
- rural developmentCountryside economic and social improvement
- healthcareOrganized provision of treatment
education · sanitation · housing · agriculture · renewable energy · industrialization · modernization · sustainability · empowerment · humanitarian
bilateral
Involving two parties
- multilateralInvolving multiple parties
- foreign aidCross-border governmental help
- geopoliticalRelating to global power dynamics
strategic · goodwill · diplomatic relations · economic cooperation · trade agreement · sphere of influence · conditionality · sovereignty
World Bank
Global development finance institution
- IMFGlobal economic assistance organization
- development bankInstitution financing economic growth
- government agencyState administrative body
soft loancommercial loan
Funds lent to businesses
payday loan · subprime loan · conventional loan · commercial mortgage · bank loan
soft, loan, soften, softly, softness, softer, softest, softened, softening