Definify.com
Webster 1913 Edition
Loan
Loan
,Noun.
1.
The act of lending; a lending; permission to use;
as, the
. loan
of a book, money, services2.
That which one lends or borrows, especially a sum of money lent at interest;
as, he repaid the
. loan
Loan office
. (a)
An office at which loans are negotiated, or at which the accounts of loans are kept, and the interest paid to the lender.
(b)
A pawnbroker’s shop.
Loan
,Verb.
T.
[
imp. & p. p.
Loaned
; p. pr. & vb. n.
Loaning
.] To lend; – sometimes with
out
. Kent.
By way of location or
loaning
them out. J. Langley (1644).
Webster 1828 Edition
Loan
LOAN
,Noun.
1.
The act of lending; a lending.2.
That which is lent; any thing furnished for temporary use to a person at his request, on the express or implied condition that the specific thing shall be returned, or its equivalent in kind, but without compensation for the use; as a loan of a book or of bread.3.
Something furnished for temporary use, on the condition that it shall be returned or its equivalent, but with a compensation for the use. In this sense, loan is generally applied to money. [See Lend.]4.
A furnishing; permission to use; grant of the use; as a loan of credit.LOAN
, v.t.To lend; to deliver to another for temporary use, on condition that the thing shall be returned, as a book; or to deliver for use, on condition that an equivalent in kind shall be returned, as bread; or to deliver for temporary use, on condition that an equivalent in kind shall be returned, with a compensation for the use, as in the case of money at interest. Bills of credit were issued, to be loaned on interest.
Definition 2024
Loan
loan
loan
English
Noun
loan (plural loans)
- (banking, finance) A sum of money or other valuables or consideration that an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest).
- 1918, W. B. Maxwell, chapter 2, in The Mirror and the Lamp:
- That the young Mr. Churchills liked—but they did not like him coming round of an evening and drinking weak whisky-and-water while he held forth on railway debentures and corporation loans. Mr. Barrett, however, by fawning and flattery, seemed to be able to make not only Mrs. Churchill but everyone else do what he desired.
- He got a loan of five thousand pounds.
- All loans from the library, whether books or audio material, must be returned within two weeks.
-
- The contract and array of legal or ethical obligations surrounding a loan.
- He made a payment on his loan.
- The permission to borrow any item.
- Thank you for the loan of your lawn mower.
Hypernyms
- (something that a legal entity borrows): bailment
Hyponyms
- (something that a legal entity borrows): mutuum
Derived terms
Terms derived from loan (noun)
Translations
borrowed sum of money or other valuables
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contract and array of legal or ethical obligations surrounding a loan
permission to borrow any item
Verb
loan (third-person singular simple present loans, present participle loaning, simple past and past participle loaned)
- (usually double transitive, US, dated in Britain, informal) To lend (something) to (someone).
- 1820 June 1, William King, in 1820, Letters to James Monroe: President of the United States, from William King,
- 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.
- 1992, Carlo Ginzburg, The Cheese and the Worms: The Cosmos of a Sixteenth-Century Miller, page 30,
- All the rest—six out of eleven, more than half—were loaned to him.
- 2015, Joanne M. Flood, Wiley GAAP 2015: Interpretation and Application of Generally Accepted Accounting Principles, page 574,
- Upon maturity of the debt, the investment bank returns the loaned shares.
- On the date of issuance, the entity should record the loaned shares at their fair value and recognize them as an issuance cost, with an offset to additional paid-in capital.
- 1820 June 1, William King, in 1820, Letters to James Monroe: President of the United States, from William King,
Usage notes
- This usage, once widespread in the UK, is now confined to the US (or perhaps parts thereof).
- It is often considered preferable to use lend when the object being lent is something other than money.
Translations
to lend
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Etymology 2
See lawn.
Noun
loan (plural loans)
Anagrams
Spanish
Verb
loan
- Second-person plural (ustedes) present indicative form of loar.
- Third-person plural (ellos, ellas, also used with ustedes?) present indicative form of loar.
Vietnamese
Etymology
Sino-Vietnamese word from 鸞
Pronunciation
- (Hà Nội) IPA(key): [l̪waːn˧˧]
- (Huế) IPA(key): [lwaːŋ˧˧]
- (Hồ Chí Minh City) IPA(key): [l̻ʲ(ʷ)aːŋ˧˥]
Noun
loan