PRINCE2Â® (Projects IN Controlled Environments) is a structured project management method, PRINCE2 and certification programme for practitioners in the methodology who are accredited, qualified through training. PRINCE2 emphases dividing projects into manageable and controllable stages.
DEFINITION of 'Bridge Loan'. A short-term loan that is used until a person or company secures permanent financing or removes an existing obligation. This type of financing allows the user to meet current obligations by providing immediate cash flow.
An equity loan is a mortgage loan in which an individual can borrow money by using real estate, generally their home, as collateral. Equity is the difference between the open market value of the house, minus what is owed on it.