Loan | Mean of loan in English Dictionary

/ˈloʊn/

• Noun
• an amount of money that is given to someone for a period of time with a promise that it will be paid back
1. He took out a loan (from the bank) to pay for the car.
2. He got a car loan.
3. He'll need several more years to pay off/back the rest of the loan.
4. She needed money, so she asked her friend for a loan.
5. a student loan [=a loan that is used to pay for a student's education]
6. a bank loan [=a loan that is made by a bank]
7. a personal loan [=a loan that is made by a bank to someone for a personal need]
• permission to use something for a period of time
1. Can I have the loan of your car? [=(more commonly) can I borrow your car?]
• borrowed from someone or something for a period of time
1. This painting is on loan from the National Gallery.
2. an actor on loan from another sitcom
3. Some of the workers were on loan as temporary staff.
• Verb

• to give (something) to (someone) for a period of time
1. He loaned his car to me. = He loaned me his car. [=I borrowed his car]
2. The National Gallery has been kind enough to loan this painting to our museum.
3. The National Gallery loaned out the painting to another museum.
• to give (money) to (someone) who agrees to pay it back in the future
1. His mother loaned him the money to buy a new car.
2. Can you loan me $20?