Meaning of the word loan in English

What does loan mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

loan

US /loʊn/

UK /ləʊn/

a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.

Example:

•

She took out a bank loan to buy a new car.

•

The student loan helped him pay for college.

Synonym:

advance credit mortgage

to lend (money or an item) to someone.

Example:

•

Can you loan me twenty dollars until tomorrow?

•

The library will loan books to registered members.

Synonym:

lend advance