boil-off rate definition, boil-off rate meaning | English dictionary

Other suggestions : boil off, boil, boil down, boil over
Collaborative Dictionary     English Definition
n.
A small short-term loan, with very high interest rates, that the borrower promises to repay on or near the next payday. Used by wage earners who run short of cash before payday. Payday lending is an established form of lending in the US and Canada.
Also: payday advance, overnight loan.

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