loan
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- pronunciation:
- lon
- parts of speech:
- noun, verb
- features:
- Homophone Note, Word Explorer
| part of speech: |
noun |
| definition 1: |
A loan is something that you borrowed and have to pay back or give back.
Nathan's parents got a loan from the bank to help them buy a house.The car is not ours. It is just a loan.- similar words:
- advance, credit, principal
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| definition 2: |
A loan is the act of giving something to another person under the condition that they will give it back.
My aunt's loan of her car was very helpful to my mother.Their neighbor thanked them for the loan of their folding chairs. |
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| part of speech: |
verb |
| inflections: |
loans, loaning, loaned |
| definition 1: |
When you loan something, you give it to someone with the understanding that they will return it to you.
I loaned my friend my umbrella because it was raining hard when she had to go home.- synonyms:
- lend
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| definition 2: |
When a bank loans money, they give money to people for a certain amount of time. During this time, the money must be paid back, and it must be paid back with "interest." Interest is extra money that people have to pay on top of the money they borrow. It is like a fee for using the money.
The bank loaned $10,000 to Antonio's family to help pay for a car. After three years, they had paid back all the money plus about $700 in interest.- synonyms:
- lend
- similar words:
- back, float
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Are you looking for the word
lone (without others)?
Loan and
lone sound alike but have different meanings.