Loan definition

Loan





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7 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Loan \Loan\ (l[=o]n), n. [See {Lawn}.]
     A loanin. [Scot.]
     [1913 Webster]

From The Collaborative International Dictionary of English v.0.48 [gcide]:



  Loan \Loan\, n. [OE. lone, lane, AS. l[=a]n, l[ae]n, fr. le['i]n
     to lend; akin to D. leen loan, fief, G. lehen fief, Icel.
     l[=a]n, G. leihen to lend, OHG. l[imac]han, Icel. lj[imac],
     Goth. leihwan, L. linquere to leave, Gr. lei`pein, Skr. ric.
     [root]119. Cf. {Delinquent}, {Eclipse}, {Eleven}, {Ellipse},
     {Lend}, {License}, {Relic}.]
     1. The act of lending; a lending; permission to use; as, the
        loan of a book, money, services.
        [1913 Webster]
  
     2. That which one lends or borrows, especially a sum of money
        lent at interest; as, he repaid the loan.
        [1913 Webster]
  
     {Loan office}.
        (a) An office at which loans are negotiated, or at which
            the accounts of loans are kept, and the interest paid
            to the lender.
        (b) A pawnbroker's shop.
            [1913 Webster]

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Loan \Loan\, v. t. [imp. & p. p. {Loaned}; p. pr. & vb. n.
     {Loaning}.]
     To lend; -- sometimes with out. --Kent.
     [1913 Webster]
  
           By way of location or loaning them out.  --J. Langley
                                                    (1644).
     [1913 Webster]

From WordNet (r) 2.0 [wn]:

  loan
       n 1: the temporary provision of money (usually at interest)
       2: a word borrowed from another language; e.g. `blitz' is a
          German word borrowed into modern English [syn: {loanword}]
       v : give temporarily; let have for a limited time; "I will lend
           you my car"; "loan me some money" [syn: {lend}] [ant: {borrow}]

From Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:

  25 Moby Thesaurus words for "loan":
     Wall Street loan, accommodate with, accommodation, advance, allow,
     allowance, call loan, call money, collateral loan, credit,
     demand loan, external loan, float a loan, foreign loan, lease-lend,
     lend, lend-lease, loan-shark, long-term loan, negotiate a loan,
     policy loan, secured loan, short-term loan, time loan,
     unsecured loan
  
  

From Easton's 1897 Bible Dictionary [easton]:

  Loan
     The Mosaic law required that when an Israelite needed to borrow,
     what he asked was to be freely lent to him, and no interest was
     to be charged, although interest might be taken of a foreigner
     (Ex. 22:25; Deut. 23:19, 20; Lev. 25:35-38). At the end of seven
     years all debts were remitted. Of a foreigner the loan might,
     however, be exacted. At a later period of the Hebrew
     commonwealth, when commerce increased, the practice of exacting
     usury or interest on loans, and of suretiship in the commercial
     sense, grew up. Yet the exaction of it from a Hebrew was
     regarded as discreditable (Ps. 15:5; Prov. 6:1, 4; 11:15; 17:18;
     20:16; 27:13; Jer. 15:10).
     
       Limitations are prescribed by the law to the taking of a
     pledge from the borrower. The outer garment in which a man slept
     at night, if taken in pledge, was to be returned before sunset
     (Ex. 22:26, 27; Deut. 24:12, 13). A widow's garment (Deut.
     24:17) and a millstone (6) could not be taken. A creditor could
     not enter the house to reclaim a pledge, but must remain outside
     till the borrower brought it (10, 11). The Hebrew debtor could
     not be retained in bondage longer than the seventh year, or at
     farthest the year of jubilee (Ex. 21:2; Lev. 25:39, 42), but
     foreign sojourners were to be "bondmen for ever" (Lev.
     25:44-54).
     

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  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. 
  
  

















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