take out a loan. To 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 ;s. Español. take out a loan v expr. verbal expression: Phrase with special meaning functioning as verb--for example, "put their heads together," "come to an , (borrow money with interest) sacar un préstamo. I'll take out a loan to pay for tuition. Saqué un préstamo para pagar la matrícula.Преди 2 дена · noun. ( Accounting: Basic) A loan is an amount of money that you borrow. The company had taken out a bank loan to finance the purchase. The president wants to make it easier for small …1/4/2021 · 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] 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 …loan | meaning of loan in Longman Dictionary of LOAN | meaning in the Cambridge English DictionaryLoan definition and meaning | Collins English DictionaryAn agreement by a financial institution or another investor to make a long-term loan at a certain, stated date in the future. A take-out commitment may be made in construction or other projects when short-term financing is initially beneficial but the borrower anticipates long-term financing to become more advantageous at a later ;· Take-out loans are long-term loans, usually on real property. The real difference between them and any other loan, however, is that take-out lenders usually want interest payments as well as a portion of any capital gains on the collateral when it is eventually secured loan involves pledging an asset (such as a car, boat or house) as collateral for the loan. If the borrower defaults, or doesn't pay back the loan, the lender takes possession of the asset.

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