noun
definition
An act or instance of lending, an act or instance of granting something for temporary use.
example
Because of the loan that John made to me, I was able to pay my tuition for the upcoming semester.
synonyms
definition
A sum of money or other property that a natural or legal person borrows from another with the condition that it be returned or repaid over time or at a later date (sometimes with interest).
example
All loans from the library, whether books or audio material, must be returned within two weeks.
synonyms
definition
The contract and array of legal or ethical obligations surrounding a loan.
example
He made a payment on his loan.
definition
The permission to borrow any item.
example
Thank you for the loan of your lawn mower.