Definitions

1. noun

an amount of money borrowed from someone, typically with the promise of paying it back with additional money, known as interest.

“The couple took out a loan to buy their new home.”

2. verb

to allow someone to use something temporarily, especially money, in exchange for a promise to return it or pay for its use.

“Can I loan you my book until tomorrow?”

3. verb

to provide financial support to someone, typically in the form of a grant or an advance payment.

“The company loaned its employees a bonus at the end of the year.”

4. verb

to grant or give something on the condition that it will be returned or paid for, especially in the form of an advance payment or a grant.

“The charity loaned the family money to cover their medical expenses.”