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Loan Bank Student Years Repay Money Lent Car

Word loan
WordType (noun)
Phonetic BrE / ləʊn / NAmE / loʊn /
Example
  • to take out/repay a loan (= to borrow money/pay it back)
  • bank loans with low interest rates
  • it took three years to repay my student loan (= money lent to a student).
  • a car loan (= a loan to buy a car)
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Content

loan

(noun)BrE / ləʊn / NAmE / loʊn /
  1. money that an organization such as a bank lends and somebody borrows
    • to take out/repay a loan (= to borrow money/pay it back)
    • bank loans with low interest rates
    • It took three years to repay my student loan (= money lent to a student).
    • a car loan (= a loan to buy a car)
  2. the act of lending something; the state of being lent
    • I even gave her the loan of my car.
    • an exhibition of paintings on loan (= borrowed) from private collections

    Extra Examples

    • He had to use his house as security for the loan.
    • He ran up massive debts borrowing from loan sharks.
    • He’s given us the loan of his car for the weekend.
    • If you have several student loans, you can consolidate them into one lump sum.
    • My bank manager offered to make me a loan.
    • She had to take out a bridging loan until she could sell her house.
    • The bank provides personal loan facilities at competitive rates.
    • The banks will not agree to emergency funding unless the government will underwrite the loan.
    • The book must be returned by the end of the loan period.
    • The paintings are on loan from the Wallace Collection.
    • The striker comes to the Premiership on an 18-month loan deal from Roma.
    • They used the inheritance to pay off their outstanding loan.
    • They were struggling to meet their monthly loan repayments.
    • a banking system riddled with bad loans
    • a loan from my brother
    • a loan officer at a local mortgage company
    • loans totalling a million pounds
    • loans totalling/totaling a million euros
    • the terms of the loan agreement with the bank
    • I’m going to have to take out a bank loan to pay for the car.
    • It took three years to repay my student loan.
    • an exhibition of paintings on loan from private collections

    Word Origin

    • Middle English (also denoting a gift from a superior): from Old Norse lán, of Germanic origin; related to Dutch leen, German Lehn, also to lend.
Copyright This card's content is collected from the following dictionaries: Oxford Advanced Learner's Dictionary

Tags: l

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