NINJA loan

Meaning

Noun

A subprime loan issued to borrowers with no job, income, or assets.

Origin

Coined by the American lending company HCL Finance from an approximate initialism of no income, no job, no assets.

Modern English dictionary

Explore and search massive catalog of over 900,000 word meanings.

Word of the Day

Get a curated memorable word every day.

Challenge yourself

Level up your vocabulary by setting personal goals.

And much more

Try out Vedaist now.