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Top 10 Mortgage Terms You Should Know
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loan define loan at dictionary : The words loan and loaned are the present and past tenses of to loan. Lend and lent are the present and past tenses of to lend. As verbs, loan and lend are often used interchangeably. For example, “A bank loans people money to buy a home. It also lends borrowers money to buy a car.” Loan and lend also have identical meanings when they’re ...Define loan. loan synonyms, loan pronunciation, loan translation, English dictionary definition of loan. n. 1. An instance of lending: a bank that makes loans to small businesses. 2. a. A sum of money that is lent, usually with an interest fee: took out a loan...Loan vs. Lend: Usage Guide. Verb. The verb loan is one of the words English settlers brought to America and continued to use after it had died out in Britain. Its use was soon noticed by British visitors and somewhat later by the New England literati, who considered it a bit provincial.See also: capitalize, credit, finance, fund, invest, investment, lease, lend, let loan a transaction whereby property is lent or given to another on condition of return or, where the loan is of money, repayment. During the period of the loan the borrower is entitled to use the thing loaned for the purpose agreed between the parties.Definition of loan - a thing that is borrowed, especially a sum of money that is expected to be paid back with interestLoan Temporary borrowing of a sum of money. If you borrow $1 million you have taken out a loan for $1 million. Loan The extension of money from one party to another with the agreement that the money will be repaid. Nearly all loans (except for some informal ones) are made at interest, meaning borrowers pay a certain percentage of the principal amount to ...A loan is money, property or other material goods given to another party in exchange for future repayment of the loan value amount with interest. A loan may be for a specific, one-time amount or ...Define loan translation. loan translation synonyms, loan translation pronunciation, loan translation translation, English dictionary definition of loan translation. English takes many of its words from different languages around the world. These words are broadly known as borrowings , and are subdivided into two...loan definition: 1. an amount of money that is borrowed, often from a bank, and has to be paid back, usually together with an extra amount of money that you have to pay as a charge for borrowing: 2. an act of borrowing or lending something: 3. If a football player is on loan, they are …. Learn more.Bank loan definition, an amount of money loaned at interest by a bank to a borrower, usually on collateral security, for a certain period of time. See more.
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