Loan
noun, verb, slang ·Common ·High school level
Definitions
- 1 An act or instance of lending, an act or instance of granting something for temporary use.
"Because of the loan that John made to me, I was able to pay my tuition for the upcoming semester."
- 2 An area of uncultivated ground near a village or farmhouse. Northern-England, Scotland
"the Loan of Turchloy, the Black Loan"
- 3 a word borrowed from another language; e.g. ‘blitz’ is a German word borrowed into modern English wordnet
- 4 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).
"All loans from the library, whether books or audio material, must be returned within two weeks."
- 5 the temporary provision of money (usually at interest) wordnet
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- 6 The contract and array of legal or ethical obligations surrounding a loan.
"He made a payment on his loan."
- 7 The permission to borrow any item.
"Thank you for the loan of your lawn mower."
- 1 To lend (something) to (someone). US, ditransitive, informal, usually
"In the course of a correspondence that passed between us at this period, he mentioned, to my utter astonishment, the fact of his having loaned Neilson 81000 to buy my bill on Maryland; and stated that he could not proceed to make the payment until Neilson refunded the money."
- 2 give temporarily; let have for a limited time wordnet
Example
More examples"You can get a loan from a bank."
Etymology
From Middle English lone, lane, from Old Norse lán, from Proto-Germanic *laihną, from Proto-Indo-European *leykʷ- (“to leave (over)”). Cognate with Icelandic lán, Swedish lån, Danish lån, German Lehen (“fief”), Dutch leen (“fief”), West Frisian lien, North Frisian leen (“fief; loan; office”), Scots lane, lain, len, Old English lǣn. More at lend.
From Scottish Gaelic lòn (“marshy meadow”) (compare lèana (“wet meadow, marsh, meadow”)).