noun
- money that is borrowed and must be paid back, usually with interest
- the act of lending something
- something that is borrowed temporarily
verb
- to lend something to someone
Examples
- She applied for a student loan to pay for college.
- The bank approved his loan application for the new car.
- I got a loan of five dollars from my friend.
- The library has many books on loan to students.
- Can you loan me your pen for a minute?
- The museum will loan the painting to another gallery.
- He paid off his home loan early.