The secondary loan would cover the rest of the obligation and would in all likelihood be forgiven.

次级贷款将用于支付其余的债务，十有八九会被免除。

youdao

The global economic crisis initiated by American secondary loan crisis in 2007, has made domestic and international economic environment deteriorate rapidly after 2008.

由2007年美国次贷危机的引发的全球经济危机，使得国内外经济环境在进入2008年以后迅速恶化。

youdao

Secondary mortgage loan becomes the sword of Damocles which hung on the top of American finance market.

次级抵押贷款变成了高悬美国金融市场头顶的达摩克利斯之剑。

youdao

Portfolios of shares are easy enough to value, as are loans that trade on a secondary loan market.

ECONOMIST: Accounting

Secondary loan prices rose 72 bps to finish the month at 100.58.

FORBES: May 2013 European Leveraged Loan Market Analysis

Along with a better-than-expected macro environment in August, surplus inflows to the loan market lifted secondary prices and pressured new-issue clearing yields lower.

FORBES: Connect