loan meaning
loan :
loan, borrowing
noun
▪ I took a loan to buy a car.
▪ I borrowed money to buy a car.
▪ The bank approved my loan.
▪ The bank said yes to my borrowing.
paraphrasing
▪ credit – loan
▪ mortgage – loan for a house
loan :
to lend, to give money
verb
▪ The bank will loan me money for school.
▪ The bank will lend me money for school.
▪ Can you loan me a pen?
▪ Can you lend me a pen?
paraphrasing
▪ loan – lend
▪ advance – to give money ahead of time
Pronunciation
loan [loʊn]
The word sounds like 'lone' and has a long 'o' sound.
loan [loʊn]
The word sounds like 'lone' and has a long 'o' sound.
Common phrases and grammar about loan
loan - Common meaning
noun
loan, borrowing
verb
to lend, to give money
Part of Speech Changes for "loan"
▪ loaner (noun) – one who lends money or things
▪ loanable (adjective) – able to be lent
Common Expressions with "loan"
▪ take out a loan – to borrow money
▪ repay a loan – to give back borrowed money
▪ secure a loan – to get a loan approved
▪ loan for a car – money borrowed to buy a car
Important examples of loan in TOEIC
Vocabulary examples from the TOEIC test
In TOEIC vocabulary questions, loan often refers to borrowing money from a bank.
Example of a confusing word: lend (to give temporarily)
Grammar examples from the TOEIC test
In TOEIC grammar questions, loan is used as a noun and a verb, and questions often focus on its meaning in context.
loan
Idioms and fixed expressions in TOEIC
loan application
'request for money', used when asking for a loan.
loan shark
means 'a person who lends money at very high interest rates'.
Differences between similar words and loan
loan
,
borrow
differences
Loan means to give money, while borrow means to take money from someone.
loan
,
advance
differences
Loan means to give money temporarily, while advance often means to give money ahead of time for work done.
Words with the same origin as loan
The origin of loan
Loan comes from the Old English word 'lān', meaning 'to lend or grant'. It has been used for borrowing since ancient times.
Word structure
The composition of the word is unclear.
Words with the same origin
The word's root is unclear or difficult to confirm.