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Webster's Dictionary (1865)

3 entries under this word

Loan

Lōan, n.

noun

n. [A-S. lēn, for lēhen, from lihan, to lend; Icel. lēn, Sw. län, Dan. laan, D. leen, L. Ger. & M. Ger. lēn, O. H. Ger. lēhan, M. H. Ger. lēhen, N. H. Ger. lehen, lehn. See LEND.]

  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 condition that the specific thing shall be returned, or its equivalent in kind; as, a loan of a book or of bread.

Advantaging their loan with interest Of ten times double grain of happiness. Shak. 3. A permission to use; grant of the use; as, a loan of credit. Kent. Loan office, an office at which loans are negotiated, or at which the accounts of loans are kept, and the interest paid to the lender.—Loan society, an institution which loans money, receiving it again by installments, with interest. [Eng.] Ogilvie.

Lōan, v. t.

verbtransitive

[imp. & p. p. LOANED; p. pr. & vb. n. LOANING.] [A-S. lēnan, Icel. lāna, Sw. lāna, Dan. laane, D. leenen, O. H. Ger. lēhanōn, M. H. Ger. lēhen, for lēhenen, N. H. Ger. lehnen. See supra and LEND.] To lend; to deliver to another for temporary use, without reward, 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.

Ramsay. Kent. Wharton. Bouvier.

Lōan, v. t.

verbtransitive

To lend money or other valuable property; to negotiate a loan;—said of the lender.