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Meaning of loan

Source language: EnglishDictionary language: English

loan

Pronunciation:/ləʊn//loʊn/

noun

Definitions

  1. An act or instance of lending, an act or instance of granting something for temporary use.

    Example: Because of the loan that John made to me, I was able to pay my tuition for the upcoming semester.

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

    Synonyms:principal
  3. The contract and array of legal or ethical obligations surrounding a loan.

    Example: He made a payment on his loan.

  4. The permission to borrow any item.

    Example: Thank you for the loan of your lawn mower.

verb

Definitions

  1. To lend (something) to (someone).