miniloan

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English[edit]

Etymology[edit]

mini- +‎ loan

Noun[edit]

miniloan (plural miniloans)

  1. A loan for a small amount.
    • 2009 April 13, “391 Percent Payday Loan”, New York Times:
      Others have argued that without these miniloans, people would bounce checks, incurring average costs of $27 or more per overdraft.