How Do You Spell LOAN?

Pronunciation: [lˈə͡ʊn] (IPA)

The word "loan" is spelled using the IPA phonetic transcription /loʊn/. The first sound is represented by the letter L and pronounced as /l/. The second sound is represented by the letters O and A, and pronounced as a diphthong /oʊ/ meaning a combination of the sounds "oh" and "uh". The final sound is represented by the letter N and pronounced as /n/. Correctly spelling words such as "loan" is important to ensure clear communication in written and spoken language.

Meaning and Definition
Top Common Misspellings
Other Common Misspellings
Etymology
Idioms
Similar spelling words
Plural
Conjugate verb
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LOAN Meaning and Definition

  1. A loan refers to a financial agreement where an individual, organization, or institution provides a specific sum of money to another individual, organization, or institution, known as the borrower, with the expectation that the borrowed amount shall be repaid along with an additional fee or interest within a predetermined period of time. Loans are commonly taken by individuals for various purposes, such as purchasing a home, buying a vehicle, funding education, or covering unexpected expenses. Moreover, loans serve as a means for businesses to fund their operations and investments.

    The terms and conditions of a loan typically include the loan amount, interest rate, repayment schedule, and any associated fees. Loans can be either secured or unsecured. Secured loans require the borrower to provide collateral, such as property or an asset, as a form of guarantee against the loan. In contrast, unsecured loans do not necessitate collateral but generally have higher interest rates due to the increased risk for the lender. The borrower's creditworthiness, income, and financial history are often evaluated by the lender before approving a loan.

    Loans play a significant role in facilitating economic growth and development by providing individuals and businesses access to capital they may not possess otherwise. However, it is essential for borrowers to carefully consider their financial capabilities and the repayment terms before entering into a loan agreement to ensure responsible borrowing and timely repayment.

  2. • Anything given for temporary use; sum of money lent for a time at interest; grant of the use.
    • To grant the use of for a time; to lend.
    • A lane; a quiet, shady, winding path.

    Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.

Top Common Misspellings for LOAN *

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for LOAN

Etymology of LOAN

The word "loan" originated from Middle English, influenced by Old Norse and Middle Dutch. "Loan" entered the English language in the 13th century, derived from the Old Norse word "lǫn", which means "to lend". The Old Norse term, in turn, came from the Middle Dutch word "lēn" or "lēne", meaning "a grant or fief". Both the Old Norse and Middle Dutch words found their roots in the Proto-Germanic language, specifically from the word "laiznō", referring to a "loan or lending". This Proto-Germanic term shares origins with the Old High German word "lihan", meaning "to lend", and the Gothic word "leihwan", also meaning "to lend".

Idioms with the word LOAN

  • take out a loan The idiom "take out a loan" means to borrow a sum of money from a person, organization, or financial institution with an agreement to repay it usually with interest within a specific period of time. It refers to the act of obtaining funds temporarily to fulfill financial needs or make a specific purchase.
  • on loan (from sm or sth) The idiom "on loan (from sm or sth)" refers to an object or item that is temporarily borrowed or given to someone from another person, organization, or entity for a specific period of time. It implies that the person currently in possession of the item does not own it and is expected to return it after a certain duration or upon request.
  • loan sth to sm The idiom "loan something to someone" means to temporarily provide or entrust something to someone with the understanding that it will be returned in the future. This can refer to lending money, objects, or any other item of value.
  • float a loan The idiom "float a loan" means to request or obtain a loan from a bank, financial institution, or another source of funds. It refers to the process of securing credit or borrowing money for a specific purpose, such as buying a house, starting a business, or funding a project. The term "float" in this context implies that the loaned amount will be repaid at a later date, typically with interest.
  • on loan The idiom "on loan" refers to something that is temporarily borrowed or leased from its owner for a specific period of time, usually with an agreement to return it in the future. It suggests that the item is not owned by the person currently in possession of it, but rather borrowed or entrusted to them for a temporary use or purpose.
  • Jumbo loan The idiom "Jumbo loan" refers to a type of mortgage loan that exceeds the limits set by government-sponsored enterprises such as Fannie Mae and Freddie Mac. Jumbo loans are used to finance higher-priced properties and are typically associated with larger loan amounts and higher interest rates compared to conventional loans.

Similar spelling words for LOAN

Plural form of LOAN is LOANS

Conjugate verb Loan

CONDITIONAL

I would loan
you would loan
he/she/it would loan
we would loan
they would loan

CONDITIONAL CONTINUOUS

I would be loaning
you would be loaning
he/she/it would be loaning
we would be loaning
they would be loaning

CONDITIONAL PERFECT

I would have loan
you would have loan
he/she/it would have loan
we would have loan
they would have loan

CONDITIONAL PERFECT CONTINUOUS

I would have been loaning
you would have been loaning
he/she/it would have been loaning
we would have been loaning
they would have been loaning

FUTURE

I will loan
you will loan
he/she/it will loan
we will loan
they will loan

FUTURE CONTINUOUS

I will be loaning
you will be loaning
he/she/it will be loaning
we will be loaning
they will be loaning

FUTURE PERFECT

I will have loaned
you will have loaned
he/she/it will have loaned
we will have loaned
they will have loaned

FUTURE PERFECT CONTINUOUS

I will have been loaning
you will have been loaning
he/she/it will have been loaning
we will have been loaning
they will have been loaning

IMPERATIVE

you loan
we let´s loan

NONFINITE VERB FORMS

to loan

PAST

I loaned
you loaned
he/she/it loaned
we loaned
they loaned

PAST CONTINUOUS

I was loaning
you were loaning
he/she/it was loaning
we were loaning
they were loaning

PAST PARTICIPLE

loaned

PAST PERFECT

I had loaned
you had loaned
he/she/it had loaned
we had loaned
they had loaned

PAST PERFECT CONTINUOUS

I had been loaning
you had been loaning
he/she/it had been loaning
we had been loaning
they had been loaning

PRESENT

I loan
you loan
he/she/it loans
we loan
they loan

PRESENT CONTINUOUS

I am loaning
you are loaning
he/she/it is loaning
we are loaning
they are loaning

PRESENT PARTICIPLE

loaning

PRESENT PERFECT

I have loaned
you have loaned
he/she/it has loaned
we have loaned
they have loaned

PRESENT PERFECT CONTINUOUS

I have been loaning
you have been loaning
he/she/it has been loaning
we have been loaning
they have been loaning
I would have loaned
we would have loaned
you would have loaned
he/she/it would have loaned
they would have loaned

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Correct spelling for loan
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