"loan" | Definition and Related Words

loan

Noun

is a type of: debt - money or goods or services owed by one person to another
subtypes:
- bank loan - a loan made by a bank; to be repaid with interest on or before a fixed date
- equity credit line, home equity credit, home equity loan, home loan - a loan secured by equity value in the borrower's home
- installment credit, installment loan - a loan repaid with interest in equal periodic payments
- call loan, demand loan - a loan that is repayable on demand
- direct loan - a loan by a lender to a customer without the use of a third party; direct lending gives the lender greater discretion in making loans
- loan participation, participation financing, participation loan - a loan that is shared by a group of banks that join to make a loan too big for any one of them alone
- consumer loan, personal loan - a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay
- point - one percent of the total principal of a loan; it is paid at the time the loan is made and is independent of the interest on the loan
- mortgage loan, real estate loan - a loan on real estate that is usually secured by a mortgage
- time loan - a loan that is payable on or before a specified date
has: principal - the original amount of a debt on which interest is calculated
is a type of: word - a unit of language that native speakers can identify
subtypes:
- latinism - a word or phrase borrowed from Latin
- gallicism - a word or phrase borrowed from French
same as: loanword

Verb

is a type of: give - transfer possession of something concrete or abstract to somebody
subtypes:
- farm out, hire out, rent out - grant the services of or the temporary use of, for a fee
- trust - (chiefly archaic) extend credit to
- advance - pay in advance
same as: lend

loan

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