B2noun 1K

Loan

🇬🇧 UK /["/ləʊn/"]/ 🇺🇸 US /["/ləʊn/"]/

Meaning of Loan

money that an organization such as a bank lends and somebody borrows

In simple words: Money that you borrow and have to pay back later.

Loan in a sentence

• She took out a loan to buy her first house.
• The bank approved his application for a student loan.
• The business needed a loan to expand its operations.
• They offered him a home equity loan based on the value of his property.

How to use Loan

Use 'loan' in general contexts when discussing borrowing money. Avoid in very formal financial documents; prefer 'advance' or 'credit' instead.

Grammar pattern

loan + object + to + person

Memory hint

Think of 'loan' like 'alone' with a twist: you're alone with money you need to give back.

Related words

Collocations with Loan

• large
• massive
• small
• apply for
• ask for
• request
• total something
• application
• agreement
• arrangement
• on loan (from)
• loan from
• security for a loan
• large
• massive
• small
• apply for
• ask for
• request
• total something
• application
• agreement
• arrangement
• on loan (from)
• loan from
• security for a loan

Synonyms for Loan

• advance
• credit
• mortgage
• borrowing
• financing

Opposites of Loan

• repayment
• return

Common mistakes with Loan

• Mixing up 'loan' and 'lone' which are pronounced differently.
• Using 'loan' as a noun only; it can also be a verb ('to loan money').
• Confusing repayment terms with leasing terms.

Frequently asked questions about Loan

What does Loan mean?

Money that you borrow and have to pay back later.

What is the definition of Loan?

money that an organization such as a bank lends and somebody borrows

How do you use Loan in a sentence?

She took out a loan to buy her first house.

Can you give another example of Loan?

The bank approved his application for a student loan.

What are synonyms for Loan?

Common alternatives include advance, credit, mortgage, borrowing, financing.

What is the opposite of Loan?

Opposite meanings include repayment, return.

What words go with Loan?

It commonly pairs with large, massive, small, apply for, ask for, request, total something, application, agreement, arrangement, on loan (from), loan from, security for a loan, large, massive, small, apply for, ask for, request, total something, application, agreement, arrangement, on loan (from), loan from, security for a loan.

What are common mistakes when using Loan?

Mixing up 'loan' and 'lone' which are pronounced differently. Using 'loan' as a noun only; it can also be a verb ('to loan money'). Confusing repayment terms with leasing terms.

How do you pronounce Loan?

US: /["/ləʊn/"]/, UK: /["/ləʊn/"]/. Listen to the audio above to hear native pronunciation.

When should I use Loan?

Use 'loan' in general contexts when discussing borrowing money. Avoid in very formal financial documents; prefer 'advance' or 'credit' instead.

What CEFR level is Loan?

"Loan" is at B2 level on the CEFR scale.