Loan
(
noun
,
verb
)
(As a noun)
Loan ( noun )
- A thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
- An agreement in which a bank, government, or other organization lends money to a person or business.
- The act of lending something, especially money.
- The state of having something on loan.
- Financial assistance provided to a borrower who is expected to pay it back at a later time with interest.
Origin:
Middle english: from old norse lán, of germanic origin; related to lend.
Examples:
- He took out a loan to buy a car.
- She got a loan from the bank.
- The loan is due next month.
- The loan was for $1000.
- He repaid the loan with interest.
(As a verb)
Loan ( verb )
- A thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
- An agreement in which a bank, government, or other organization lends money to a person or business.
- The act of lending something, especially money.
- The state of having something on loan.
- Financial assistance provided to a borrower who is expected to pay it back at a later time with interest.
Origin:
Middle english: from old norse lán, of germanic origin; related to lend.
Examples:
- He took out a loan to buy a car.
- She got a loan from the bank.
- The loan is due next month.
- The loan was for $1000.
- He repaid the loan with interest.