Word LOAN: meanings, synonyms & antonyms

loan

🇺🇸 [loʊn]

Meanings

A sum of money or item that is borrowed, usually with the expectation of repayment. Loans are typically issued by financial institutions to help people or businesses fund specific needs and are repaid over time.

Examples

• He took out a loan to buy a car.
• The bank approved her loan application.
• They offered a loan with low interest rates.

Synonyms

credit • advance • mortgage

Antonyms

repayment • debt-free • give