Definition, synonyms and related words
plural of loan
"The bank approved five loans for small business owners in the neighborhood yesterday."
In plain English: Loans are money you borrow from someone else with the promise to pay it back later, usually with extra interest.
"The bank approved our loans so we could buy new equipment for the business."
Usage: Use loans to refer to multiple sums of money borrowed from a lender that must be repaid with interest. These terms typically describe financial agreements between individuals, banks, or institutions rather than informal borrowing arrangements.
Third-person singular simple present indicative form of loan
"The bank refuses to loan money to anyone without a credit check."
In plain English: To loan something is to let someone borrow it with the promise that they will give it back later.
"The bank will not loans anyone who has bad credit."
Usage: Do not use "loans" as a verb; instead, say "lends." The word loans is strictly a noun referring to money borrowed with the expectation of repayment.
Loans derives from Old English lān, meaning to lend, which itself comes from Proto-Germanic launą signifying ransom or pledge. The original sense referred specifically to money lent at interest before evolving into any item given temporarily with the expectation of return.