loan

loan

Language: EN · Kind: word · Transcription: [/ləʊn/]

Senses

1. loan (noun) — sense 1

Definition: 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.

2. loan (noun) — sense 2

Definition: 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.

3. loan (noun) — sense 3

Definition: The contract and array of legal or ethical obligations surrounding a loan.

Example: He made a payment on his loan.

4. loan (verb) — sense 4

Definition: To lend (something) to (someone).

Example: 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.

Structure of the word

Roots:

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