loan
noun [ C ]
FINANCE uk/ləʊn/ usmoney that someone borrows from a bank or other financial organization for a period of time during which they pay interest:
a loan to sb/sth The bank's portfolio of loans to commercial and industrial firms shrank from $15.7 billion the previous year to $12.7 billion.
get/take out/apply for a loan Before you take out a loan sit down and list all the money you have coming in.
pay off/pay back/repay a loan New restrictions require lenders to check a person's income and ability to repay the loan.
provide/give/make a loan World banks injected as much as $64 billion into global money markets to encourage banks to make loans again.
approve/refuse a loan
a low-interest/fixed-rate/interest-only loan
Banks and particularly building societies expect the amount of loans in arrears to increase.
See also
amortizing loan
back-to-back loan
bad loan
balloon loan
bank loan
bridge loan
bullet loan
call loan
commercial loan
consumer loan
convertible loan stock
corporate loan
credit-card loan
debt consolidation
discount loan
foreign loan
home equity loan
home loan
interest-free adjective
irrecoverable loan
long-term loan
medium-term loan
non-performing
non-recourse
overnight loan
parallel loan
payday loan
performing loan
personal loan
property loan
rollover
secured loan
short-term loan
soft loan
syndicated
term loan
underlying loans
unsecured loan
loan
verb [ T ]
uk/ləʊn/ usto lend someone something:
loan sb sth/loan sth to sb The finance report showed that a wealthy donor had loaned his campaign $1.15 million.
Lenders who loaned money for more than houses were worth have become victims of the economic downturn.
Compare
lend