Word Explorer
Loan
/ləʊn/
An act or instance of lending, an act or instance of granting something for temporary use.
📖 Definitions of "Loan"
- 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
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."
- 3
The contract and array of legal or ethical obligations surrounding a loan.
"He made a payment on his loan."
- 4
The permission to borrow any item.
"Thank you for the loan of your lawn mower."
- 1
To lend (something) to (someone).
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