Definify.com

Definition 2024


on-loan

on-loan

See also: on loan

English

Verb

on-loan (third-person singular simple present on-loans, present participle on-loaning, simple past and past participle on-loaned)

  1. (transitive) To give as a loan; lend
    • 2002, Richard Auty, Sustaining Development in Mineral Economies: The Resource Curse Thesis
      This became necessary because the 1982 exchange rate devaluation virtually bankrupted the Chilean financial sector (Loser 1987). The banks had borrowed large sums denominated in dollars and on-loaned them to domestic borrowers  []
    • 2013, Mohamed Hamza, ‎Roger Zetter, Market Economy and Urban Change: Impacts in the Developing World:
      By the late 1980s, the World Bank gradually reduced its direct sites-and-services projects; but these continued indirectly where countries 'on-loaned' funds to social housing programmes, as was the case in Chile during years of 1984–1988.