loan


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Related to loan: personal loan, Payday loan, Student loan

loan

noun accommodation, advance, advancement, aid, allotment, assistance, backing, commodare, credit, dole, entrustment, extension of credit, financing, funding, grant, imprest, moneys borrowed, mutuum, pledge, res commodata, stake, stipend, subsidy, sum entrusted, sum of money borrowed, sum of money lent, temporary accommodation, time payment, trust
Associated concepts: bond, building loan, construction loan, continuing loan, discount, excessive loan, forbearance, graauitous loan, loan association, loan broker, loan value of a policy, mortgage, secured loan, simple loan, stock loan, temporary loan, unpaid loan, usurious loan, usury laws
Foreign phrases: Creditorum appellatione non hi tantum accipiuntur qui pecuniam crediderunt, sed omnes quibus ex qualibet causa debetur.Under the head of “creditors” are included, not only those who have lent money, but all to whom from any cause a debt is owing.

loan

verb accommodate, advance, allow, extend credit, furnish funds, give, lend, permit to borrow, supply funds
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. In a loan of money, the money lent becomes the property of the borrower during the period of the loan against an undertaking to return a sum of equivalent amount either on demand or on a specified date or in accordance with an agreed schedule of repayments.

LOAN, contracts. The act by which a person lets another have a thing to be used by him gratuitously, and which is to be returned, either in specie or in kind, agreeably to the terms of the contract. The thing which is thus transferred is also called a loan. 1 Bouv. Inst. n. 1077.
     2. A loan in general implies that a thing is lent without reward; but, in some cases, a loan may be for a reward; as, the loan of money. 7 Pet. R. 109.
     3. In order to make a contract usurious, there must be a loan; Cowp. 112, 770; 1 Ves. jr. 527; 2 Bl. R. 859; 3 Wils. 390 and the borrower must be bound to return the money at all events. 2 Scho. & Lef. 470. The purchase of a bond or note is not a loan ; 3 Scho. & Lef. 469; 9 Pet. R 103; but if such a purchase be merely colorable, it will be considered as a loan. 2 John. Cas. 60; Id. 66; 12 S. & R. 46; 15 John. R. 44.

References in classic literature ?
Tell the man we'll give him five bob for the loan of the beast.
Wade who helped put in the crop, borrowing a plow, harrow, and extra team, and repaying the loan with the use of their own horses and wagon.
Clare would not accept the loan of the farmer's vehicle for a further distance than to the outskirts of the Vale, and, sending it back with the man who had driven him, he put up at an inn, and next day entered on foot the region wherein was the spot of his dear Tess's birth.
Gandinot, kindest of pawnbrokers, had obliged, in his unofficial capacity, with a trifling loan.
It was on one of these visits that he came to me and asked for the loan of two hundred francs.
it was two or three weeks old, dated from some road in Surbiton, and refused a loan of five pounds.
And you are too good a businessman to loan money for buried treasure seeking, or to loan money without security--unless you had some special object in view.
Up to that time I never had had in my possession so much money as one hundred dollars at a time, and the loan which I had asked General Marshall for seemed a tremendously large sum to me.
He must tell that he had not known of Raffles's existence when he first mentioned his pressing need of money to Bulstrode, and that he took the money innocently as a result of that communication, not knowing that a new motive for the loan might have arisen on his being called in to this man.
Most of the servants in our street have had the loan of him to be photographed with, and I have but now seen him stalking off for that purpose with a proud little housemaid who is looking up to him as if he were a warrior for whom she had paid a shilling.
said the Wizard, "will somebody please loan me a handkerchief?
Lynde's quilts, and hoped that the loan of them might be accounted unto her for righteousness.