loan - What does it mean?
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Definition of 'loan'English
Etymology 1
From (etyl) lone, lane, from (etyl) . More at (l).
Noun
( en-noun)
(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).
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|title=The Mirror and the Lamp
|chapter=2 citation
|passage= 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.}}
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The contract and array of legal or ethical obligations surrounding a loan.
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The permission to borrow any item.
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Hypernyms
* (something that a legal entity borrows) bailment
Hyponyms
* (something that a legal entity borrows) mutuum
Verb
( en-verb)
To lend (something) to (someone).
* 2006: — (unidentified episode, but frequently heard from her as a verb)
- When you loan somebody something, they have the responsibility to safeguard it.
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 loaned or lent is something other than money.
Etymology 2
See lawn.
Anagrams
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Similar to 'loan'lean, lain, lion, loin, lien, lawn, lyn, limn, loon, lin, layn, lown, luan, lauan, lyon, loun, layin
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