Pronunciation: /loʊn/

Definitions of loan

noun a sum of money that is borrowed and expected to be paid back with interest

Example Sentences

A1 I need to get a loan to buy a new car.

A2 She took out a loan to pay for her college tuition.

B1 The bank approved his loan application for a small business startup.

B2 They decided to consolidate their debts by taking out a loan with a lower interest rate.

C1 The loan agreement included detailed terms and conditions regarding repayment.

C2 He secured a substantial loan from a private investor to expand his company's operations.

verb to lend (someone) something, typically money, under an agreement that the borrower will return the same amount at a later date

Example Sentences

A1 I loaned my friend some money to buy lunch.

A2 She loaned me her car for the weekend.

B1 The bank agreed to loan me the money for a new house.

B2 I decided to loan some books from the library for my research project.

C1 The company loaned me a laptop to use while traveling for work.

C2 After careful consideration, I decided to loan a significant amount of money to my brother for his business venture.

Examples of loan in a Sentence

formal The bank approved my loan application for a new house.

informal I had to take out a loan to pay for my car repairs.

slang I'm broke, so I might have to ask for a loan from my friend.

figurative She felt like she was borrowing happiness on loan, knowing it wouldn't last forever.

Grammatical Forms of loan

past tense

loaned

plural

loans

comparative

more loan

superlative

most loan

present tense

loan

future tense

will loan

perfect tense

have loaned

continuous tense

is loaning

singular

loan

positive degree

loan

infinitive

to loan

gerund

loaning

participle

loaned

Origin and Evolution of loan

First Known Use: 1250 year
Language of Origin: Old Norse
Story behind the word: The word 'loan' originated from the Old Norse word 'lán', which means 'to lend'.
Evolution of the word: Over time, the word 'loan' has retained its basic meaning of lending something to someone with the expectation of repayment, but it has also evolved to encompass a wider range of financial transactions and borrowing practices.