vendor loan
C2CEFR level
88/100Rarity: very rare
TechnicalRegister
Deferred consideration in which the seller of a business effectively lends part of the purchase price to the buyer, to be repaid over time.
A vendor loan of £20 million bridged the valuation gap and kept the seller invested in a smooth handover.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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