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 /loʊn/
"loan" picture

Noun

1.

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.

Verb

1.

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:
Learn This Word at Lingoland