Loan

Quick meaning: Loan is a noun meaning (law, banking, finance) An act or instance of lending, an act or instance of granting something for temporary use.

Meaning

(law, banking, finance) An act or instance of lending, an act or instance of granting something for temporary use.

More Meanings

1. The contract and array of legal or ethical obligations surrounding a loan.
2. The permission to borrow any item.
3. (usually ditransitive, US, dated and occasionally proscribed in UK, informal) To lend (something) to (someone).
4. (Scotland, Northern England) An area of uncultivated ground near a village or farmhouse.
5. (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).

Example Sentences

He made a payment on his loan.

He got a loan of five thousand pounds.

Thank you for the loan of your lawn mower.

All loans from the library, whether books or audio material, must be returned within two weeks.

Word Forms

• loans
• loaning
• loaned

Synonyms for loan

Depending on context, synonyms include loaning, lending, principal, lend, loanword.

Antonyms for loan

Common opposites include borrow.

Related Words

Related dictionary entries include lend, loanword, bond, lender, mortgage, financing.

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