loan

Pronunciation

• (UK) IPA ^(key): /ləʊn/
• (US) IPA ^(key): /loʊn/

• Audio (US)

  (file)

• Homophone: lone

Noun

Singular loan

Plural loans

1. (countable) A loan is money that you borrow and pay back later. Usually, you take a loan from a bank.

   We've almost finished paying off our car loan.

   We can't afford to buy the new TV without taking a loan.

   I'd like to take out a loan for $5,000.

Verb

Plain form loan

Third-person singular loans

Past tense loaned

Past participle loaned

Present participle loaning

1. If you loan someone something, you lend it to them.

   Please loan me your lawn mower.

2. Loan in Hollywood studio speak means an actor is under contract to one studio and loaned to another studio to make one of their films.

   He was loaned to MGM to make MGM's newest movie.