noun, Finance.
a short-term loan to finance the building phase of a real-estate project.
[teyk-out] /ˈteɪkˌaʊt/
the act or fact of taking out.
something made to be taken out, especially food prepared in a store or restaurant to be carried out for consumption elsewhere.
Informal. a store, restaurant, or counter specializing in preparing food meant to be carried out for consumption elsewhere.
a section, as of a magazine, that may be removed intact, usually consisting of a story, article, or set of illustrations.
Also called takedown, takeout loan, takeout mortgage. Finance. a long-term real-estate mortgage arranged for a building the construction of which is financed by an interim short-term loan (construction loan)

pertaining to or supplying food and drink to be taken out and consumed elsewhere:
the takeout window of a restaurant.
Also, takedown. of, relating to, or providing a takeout mortgage:
The high-rise developer has found a takeout commitment from a large insurance company.

in reference to food prepared at a restaurant but not eaten there, 1941, from take (v.) + out. British equivalent takeaway is recorded from 1964.

verb phrase


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