Elementary 📚 Vocabulary · #481 of 1319

loan (n.)

money borrowed

Examples

  • A bank loan.

Key rules

  • A loan is money borrowed that must be paid back
  • Take out a loan, a bank loan, a loan repayment
  • Loan is countable

Common mistakes

  • I need a money loan → I need a loan
  • He took a loan of the bank → He took a loan from the bank
💡 Tip: Borrowing money // Banking // Buying a house
Practise this topic in the appPractise Elementary quiz
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