What is the meaning of fall-out?

Slang for loans that are not closed because they are not approved by the lender or because the borrower decides not to take the loan.

Barry Goldsmith
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APABarry Goldsmith. (2010). fall-out. Retrieved September 20, 2026, from http://smartdefine.org/fall-out/definitions/1153612
ChicagoBarry Goldsmith. 2010. "fall-out" http://smartdefine.org/fall-out/definitions/1153612 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, fall-out, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/fall-out/definitions/1153612>.
MLABarry Goldsmith. "fall-out" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/fall-out/definitions/1153612>