The definition of a loan is the agreement of lending money with interest and a plan to repay it. An example of a loan is the agreement to give you money to buy a house. An instance of lending. A bank that makes loans to small | meaning in the Cambridge English Dictionaryloan | meaning of loan in Longman Dictionary of loan definition: 1. an amount of money that is borrowed, often from a bank, and has to be paid back, usually…. Learn /ləʊn $ loʊn/ S2 W2 noun 1 [ countable] BORROW. an amount of money that you borrow from a bank etc loan of a loan of £60,000 I had to take out a loan to buy my car. It’ll be years before we’ve paid off the loan. 2 [ singular] ;· A loan is when you receive money from a friend, bank or financial institution in exchange for future repayment of the principal, plus interest. The principal is the amount you borrowed, and ;· The term loan refers to a type of credit vehicle in which a sum of money is lent to another party in exchange for future repayment of the value or principal amount. In many cases, the lender loan definition: 1. an agreement by which a student at a college or university borrows money from a bank to pay for…. Learn receive a loan of money from creditors or a financial institution. I had to take out a loan to pay for the medical expenses. Thankfully they were able to take out a loan and implement the repairs and upgrades the health inspector had demanded. See also: loan, out, collateral loan is secured loan that allows the borrower to pledge an asset for availing a loan. For this type of loan, the loan amount depends on the value of the collateral. This type of loan is relatively risk-free for the lender, as he has the option to liquidate the asset if …

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