behest loan
The term "behest loan" is often associated with political influence and corruption, particularly in regions with weak financial regulations.
Definition
C1Finance
(technical)A loan granted due to the influence or command of a powerful individual, often bypassing standard qualifications.
Example
- The bank issued a behest loan to the company despite its poor credit history.
C1Politics
(informal)A loan approved under pressure from a high-ranking official, usually linked to political corruption.
Example
- The investigation revealed several behest loans given to businesses with political connections.
Similar
Terms that have similar or relatively close meanings to "behest loan":