loan

Study(18)

UK /ləʊn/ US /loʊn/

noun 5verb 1

Collocations

(noun.)

ADJ

large, massive | long-term, short-term | interest-free, low-interest

secured, unsecured

The bank approved her secured loan because she offered her house as collateral.

outstanding

She finally paid back the outstanding loan after working for five years.

personal | bank | bridging, temporary

VERB + LOAN

apply for, ask for, request

arrange, get, raise, take out

They arranged a personal loan to pay for their daughter's university education.

give sb, grant sb, make sb

The government decided to grant small businesses a loan to help them survive during the pandemic.

receive | pay off, repay | secure, underwrite

LOAN + VERB

average sth, total sth

The bank approved several loans averaging $50,000 each for the small business owners.

LOAN + NOUN

application | agreement, arrangement, deal | charges, interest, rate

repayment

After she lost her job, she fell behind on her car loan repayment.

commitments

facility, service

Our mortgage lender offers a range of loan services to help first-time homebuyers.

period

You need to extend your loan period if you want to keep the money longer.

shark

The desperate businessman had to borrow money from a loan shark when the bank refused him credit.

PREP

on ~ (from)

The museum currently has several ancient artifacts on loan from universities across Europe.

~ from

She borrowed a loan from the bank to buy her first car.

PHRASES

give sb/have the loan of sth

My neighbor has the loan of our ladder while he's building his shed.

security against/for a loan

The bank accepted her car as security against the loan.

Definitions

noun

An act or instance of lending, an act or instance of granting something for temporary use.

Because of the loan that John made to me, I was able to pay my tuition for the upcoming semester.

A sum of money or other property that a natural or legal person borrows from another with the condition that it be returned or repaid over time or at a later date (sometimes with interest).

All loans from the library, whether books or audio material, must be returned within two weeks.

He got a loan of five thousand pounds.

The contract and array of legal or ethical obligations surrounding a loan.

He made a payment on his loan.

The permission to borrow any item.

Thank you for the loan of your lawn mower.

verb

To lend (something) to (someone).

In the course of a correspondence that passed between us at this period, he mentioned, to my utter astonishment, the fact of his having loaned Neilson 81000 to buy my bill on Maryland; and stated that he could not proceed to make the payment until Neilson refunded the money.

All the rest—six out of eleven, more than half—were loaned to him.

noun

An area of uncultivated ground near a village or farmhouse.

the Loan of Turchloy, the Black Loan

[...] The herds upon the loan, As if a sheep had fled, wi' speed, At Grumphy tykes hound on Wi' loud huzza!

Thesaurus

Synonyms

noun — a word borrowed from another language

loanword

verb — give temporarily

lend

Antonyms

borrow

Idioms & Phrases

Example Bank

Because of the loan that John made to me, I was able to pay my tuition for the upcoming semester.

Wiktionary

All loans from the library, whether books or audio material, must be returned within two weeks.

Wiktionary

He got a loan of five thousand pounds.

Wiktionary

All the rest—six out of eleven, more than half—were loaned to him.

Wiktionary

Upon maturity of the debt, the investment bank returns the loaned shares. On the date of issuance, the entity should record the loaned shares at their fair value and recognize them as an issuance cost

Wiktionary

Usage Notes

i Register

In some senses, loan is marked as informal, US. Watch for register when choosing this word.

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