loan

IPA: ɫˈoʊn

noun

  • (law, banking, finance) An act or instance of lending, an act or instance of granting something for temporary use.
  • (law, banking, finance) A sum of money or other property that a natural or legal person borrows from another with the condition that it be returned or repaid over time or at a later date (sometimes with interest).
  • The contract and array of legal or ethical obligations surrounding a loan.
  • The permission to borrow any item.
  • (Scotland) A lonnen.

verb

  • (usually ditransitive, US, dated and occasionally proscribed in UK, informal) To lend (something) to (someone).
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Examples of "loan" in Sentences

    No Sentences Found for loan

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