If you want to buy a car but don't have money, you'll need a loan: a sum of money given temporarily that must be repaid, often with interest, or an added percentage on top the original sum.

You can loan money or objects. If you loan someone your car, make sure he's a good driver. You might loan your friend a sweatshirt if she's cold and doesn't have one. Expect to get both your car and your sweatshirt back. A word that is borrowed from another language is called a loanword, like the word karaoke, which is Japanese.

Definitions of loan

n the temporary provision of money (usually at interest)

show 13 types...
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bank loan
a loan made by a bank; to be repaid with interest on or before a fixed date
equity credit line, home equity credit, home equity loan, home loan
a loan secured by equity value in the borrower's home
installment credit, installment loan
a loan repaid with interest in equal periodic payments
call loan, demand loan
a loan that is repayable on demand
direct loan
a loan by a lender to a customer without the use of a third party; direct lending gives the lender greater discretion in making loans
loan participation, participation financing, participation loan
a loan that is shared by a group of banks that join to make a loan too big for any one of them alone
consumer loan, personal loan
a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay
one percent of the total principal of a loan; it is paid at the time the loan is made and is independent of the interest on the loan
mortgage loan, real estate loan
a loan on real estate that is usually secured by a mortgage
time loan
a loan that is payable on or before a specified date
business loan, commercial loan
a bank loan granted for the use of a business
interbank loan
a loan from one bank to another
auto loan, automobile loan, car loan
a personal loan to purchase an automobile
Type of:
money or goods or services owed by one person to another

n a word borrowed from another language; e.g. `blitz' is a German word borrowed into modern English

a word or phrase borrowed from Latin
a word or phrase borrowed from French
Type of:
a unit of language that native speakers can identify

v give temporarily; let have for a limited time

loan me some money”
get temporarily
farm out, hire out, rent out
grant the services of or the temporary use of, for a fee
extend credit to
pay in advance
Type of:
transfer possession of something concrete or abstract to somebody

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