Loans
/ˈloʊnz/
Definitions
- (n.) Sums of money lent by one party to another under an agreement to repay, often with interest.
The bank approved several loans for small businesses.
- (v.) Third-person singular of loan.
She loans equipment to employees as needed.
Forms
- loan
- loaned
- loaning
Related terms
See also
Commentary
As a noun, 'loans' is simply the plural of 'loan.' As a verb, it is the third-person singular present form. In legal contexts, clarity about the terms of the loan (principal, interest, duration) is critical for enforceability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.