Advertisement
Vocabulary Entry
loan
|noun • verb
Advertisement
N
noun
A sum of money that is borrowed and expected to be paid back with interest.
Example Sentences
"She took out a loan to buy her first home."
"The bank approved his loan application."
"He struggled to repay his student loan."
V
verb
To allow someone to borrow something, usually money.
Example Sentences
"Could you loan me some money until payday?"
"He was happy to loan his friend the book."
"The organization decided to loan equipment to local schools."