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loan Definition

loan (lōn)

noun

  1. the act of lending, esp. to use for a short time the loan of a pen
  2. something lent; esp., a sum of money lent, often for a specified period and repayable with interest

Etymology: ME lone < ON lān (akin to OE læn, lending, loan, lænan, to lend) < IE base *leikw-, to leave behind > L linquere, Gr leipen, Sans riṅákti, (he) leaves

transitive verb, intransitive verb

to lend

loan Idioms

on loan

lent for temporary use or service to another by the owner, regular employer, etc.

loan Synonyms

loan

n.

accommodation, trust, advance, permission to borrow, investment, giving credit, mortgage, advancing, time payment, touch*, bite*, coins*; see also allowance 2, credit 4.

Antonyms promise*, borrowing, pledge.

loan Synonyms

loan

v.

provide with, advance, let out; see lend 1.

loan Law Definition

n

The giving or granting of something, particularly a sum of money, to another, with the expectation that it will be repaid (typically with interest) or returned.
loan Usage Examples

Converse of object

  • repay: You can usually choose how many years you'd like to repay the loan over.
  • refinance: Detailed information about the best possible home mortgage refinance loans that works for you.

Preposition: for

  • homeowner: No hidden costs or catches, just honest personal loans for homeowners.

Adjective modifier

  • secured: Low Rate Personal Loans Visit Picture today for a secured loan, typical 7.9 % APR variable.
  • unsecured: In order to get an unsecured loan, you have to be a good credit risk.
  • personal: A logbook loan is a kind of personal loan secured against a car.
  • inter-library: We charge only for book loans, and photocopies and inter-library loans at cost.
  • interest-free: The Fund's help is given in the form either of grants of money or interest-free loans.
  • cheap: A £ 7,500 HSBC loan over five years will still cost £ 15.64 a month more than the cheapest loan on the market.

Modifies a noun

  • repayment: For loan repayments, the typical interest rate is only 6 % with interest rates capped to 1 % per month.
  • calculator: Use the loan calculator to get a quick quote.
  • spell: He has also gone out on a loan spell at non-league side Leek in a bid to further his football education.
  • lender: While taking a mortgage, the loan lender will require you to take a home insurance policy.
  • shark: As for legislating on loan sharks, I expect to make legislative changes next year.

Noun used with modifier

  • payday: Apply online for Ten Dollar Payday Loan payday loans now.
  • consolidation: With a debt consolidation loan, the interest rate on the consolidated debt is much lower.
  • credit: Try not to take out bank or credit agency loans to avoid debt early on in the business's life.
  • equity: This doesnt mean home equity loans are necessarily bad ideas.
  • mortgage: Default: Failure to repay your mortgage loan according to the terms set forth in the loan contract.
  • homeowner: Other terms might be; unsecured loans, home loans, personal loans, secured loans or homeowner loans.
loan Quotes

A manpossessesnothing certainlysavea brief loanof his own body.

—Cabell,James Branch

Dios so¤  lo nos tiene aqu |¤ prestados, en este valle de la¤  grimas no estamos ma¤  s que de paso. Si llegara alg u¤ n d|¤a a pensar que ha perdido a su hija para el mundo de los hombres, la habra¤   ganado para el de los a¤  ngeles. God has us here only on loan, we are transitory in this vale of tears. If you ever come to think that you have lost your daughter to the world of men, think also that you have given her to that of the angels.

—Ferre¤  , Rosario

I was born†with ready-made parents and a sister and brother who had already begun their store of experience, inaccessible to me except through their language and the record, always slightly different, of our mother and father, and as each member of the family wasborn, each,ina sensewithmemories onloan, began to supply the individual furnishings of each Was-land, each Is-land, and the hopes and dreams of the Future.

—Frame,Janet Paterson also known as Jean PatersonFrame