Definify.com
Webster 1913 Edition
Loan
Loan
,Noun.
1.
The act of lending; a lending; permission to use;
as, the
. loan
of a book, money, services2.
That which one lends or borrows, especially a sum of money lent at interest;
as, he repaid the
. loan
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.
Loan
,Verb.
T.
[
imp. & p. p.
Loaned
; p. pr. & vb. n.
Loaning
.] To lend; – sometimes with
out
. Kent.
By way of location or
loaning
them out. J. Langley (1644).
Webster 1828 Edition
Loan
LOAN
,Noun.
1.
The act of lending; a lending.2.
That which is lent; any thing furnished for temporary use to a person at his request, on the express or implied condition that the specific thing shall be returned, or its equivalent in kind, but without compensation for the use; as a loan of a book or of bread.3.
Something furnished for temporary use, on the condition that it shall be returned or its equivalent, but with a compensation for the use. In this sense, loan is generally applied to money. [See Lend.]4.
A furnishing; permission to use; grant of the use; as a loan of credit.LOAN
, v.t.To lend; to deliver to another for temporary use, on condition that the thing shall be returned, as a book; or to deliver for use, on condition that an equivalent in kind shall be returned, as bread; or to deliver for temporary use, on condition that an equivalent in kind shall be returned, with a compensation for the use, as in the case of money at interest. Bills of credit were issued, to be loaned on interest.