Loan

/loʊn/ noun

A loan is money or something else that is given to someone with the agreement that it will be paid back, usually with extra money called interest. As a verb, it means to give something temporarily.

It comes from Old Norse “lán,” meaning “gift” or “loan,” and Old English “lǣn,” meaning “a letting, a loan.” The idea is something handed over for a time, not permanently.

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