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.
Home loans. 1  are essentially loans given by the bank for the purpose of acquiring a home or a residential property. 2  Banks give the loan but the home or property is served as collateral to secure the loan. 3  In case of non-payment or default, the bank can liquidate the property and get back its used loan amount.