miniloan

English

Etymology

From mini- +‎ loan.

Noun

miniloan (plural miniloans)

1. A loan for a small amount.
   • 2009 April 13, “391 Percent Payday Loan”, in New York Times‎^[1]:

     Others have argued that without these miniloans, people would bounce checks, incurring average costs of $27 or more per overdraft.