He asked for a loan, but I refused.
He asked for a loan, but I refused.
English
loan
loʊn, ləʊn
Meaning: a sum of money that is expected to be paid back; the act of lending
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Example sentences
He took out a loan from the bank.
He took out a loan from the bank.
The interest rate on the loan is fixed.
The interest rate on the loan is fixed.
New borrowers can take out a loan from the bank.
New borrowers can take out a loan from the bank.
She used her house as collateral for the bank loan.
She used her house as collateral for the bank loan.
Usage Notes
Commonly used for financial borrowing from a bank (e.g., car loan, student loan) or the temporary use of an object lent by a friend.
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