Loan: meaning, definitions and examples

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loan

[ ləʊn ]

^{Context #1}

financial

A loan is a sum of money that is borrowed from a bank or financial institution with the agreement that it will be paid back, usually with interest, within a specified period of time.

Synonyms

advance, credit, debt, mortgage

Examples of usage

She took out a loan to buy a new car.
The bank approved his loan application.

^{Context #2}

financial

To loan means to lend money to someone under the condition that it will be returned, typically with interest.

Synonyms

advance, give a loan, lend

Examples of usage

He agreed to loan me some money until payday.
The bank is willing to loan you the amount you need.

Translations

Translations of the word "loan" in other languages:

🇵🇹 empréstimo

🇮🇳 ऋण

🇩🇪 Darlehen

🇮🇩 pinjaman

🇺🇦 позика

🇵🇱 pożyczka

🇯🇵 ローン

🇫🇷 prêt

🇪🇸 préstamo

🇹🇷 kredi

🇰🇷 대출

🇸🇦 قرض

🇨🇿 půjčka

🇸🇰 pôžička

🇨🇳 贷款

🇸🇮 posojilo

🇮🇸 lán

🇰🇿 несие

🇬🇪 სესხი

🇦🇿 kredit

🇲🇽 préstamo

Word origin

The word 'loan' originated from Middle English 'lone', which came from Old Norse 'lán'. The concept of lending and borrowing money has been a fundamental part of human societies for centuries, dating back to ancient civilizations. Loans have played a crucial role in facilitating economic activities and personal financial needs.