English - Etymology 1
From Middle English _lone_, _lane_, from Old Norse _lán_ (“loan”), from Proto-Germanic _*laihną_ (“that which is lent, loan, fief”), from Proto-Indo-European _*leykʷ-_ (“to leave, leave over”). Cognate with Icelandic _lán_ (“loan”), Swedish _lån_ (“loan”), Danish _lån_ (“loan”), German _Lehen_ (“fief, feudal estate”), Dutch _leen_ (“fief, feudatory, something lent”), West Frisian _lien_ (“something borrowed, loan”), North Frisian _leen_ (“fief, loan, office”), Scots _lane_, _lain_, _len_ (“loan”), Old English _lǣn_ (“loan, borrowing, lease, grant, gift, present, benefit”). More at lend.
NOUN
LOAN (_plural_ LOANS)
* (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).
_He got a LOAN of five thousand pounds._
_All LOANS from the library, whether books or audio material, must be returned within two weeks._
* 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._
HYPERNYMS
* (something that a legal entity borrows): bailment
HYPONYMS
* (something that a legal entity borrows): mutuum
DERIVED TERMS
TRANSLATIONS
VERB
LOAN (_third-person singular simple present_ LOANS, _present participle_ LOANING, _simple past and past participle_ LOANED)
* (usually double transitive, US, dated in UK, informal) To lend (something) to (someone).
* 2006: — Judge Judy (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.
TRANSLATIONS
From Middle English lone, lane, from Old Norse lán (“loan”), from Proto-Germanic *laihną (“that which is lent, loan, fief”), from Proto-Indo-European *leykʷ- (“to leave, leave over”). Cognate with Icelandic lán (“loan”), Swedish lån (“loan”),
Danish lån (“loan”), German
Lehen (“fief, feudal estate”), Dutch leen (“fief, feudatory, something lent”), West Frisian lien (“something borrowed, loan”), North Frisian leen (“fief, loan, office”), Scots lane, lain, len (“loan”), Old English lǣn (“loan, borrowing, lease, grant, gift, present, benefit”). More at lend.
loan (plural loans)
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(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).
-
He got a loan of five thousand pounds.
-
All loans from the library, whether books or audio material, must be returned within two weeks.
-
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.
loan (third-person singular simple present loans, present participle
loaning, simple past and past participle loaned)
-
(usually double transitive, US, dated in UK, informal) To lend (something) to (someone).