loans
loan
A sum of money borrowed that is expected to be paid back with interest.
Example
"He took out a personal loan to cover the cost of car repairs."
💡 Memory Tip
A LOAN is something you're lent. You borrow it and must return it.
Etymology
From Old Norse 'lan' meaning 'thing lent' — something temporarily given to be returned.
Common Misspellings
lonelaonloenloann
Related Terms
See Also
interest