miniloan

noun

miniloan

noun

Etymology From mini- + loan.

1

A loan for a small amount.

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

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.