How do you use loan in a sentence?

How do you use loan in a sentence?

The bank is loaning you money to buy something, and you have to pay it back, often with interest. “Therefore, loaning money to a small business is one of the riskiest things a lender can do.”

What is a good sentence for loan?

1. The company is in default on its loan agreement. 2. The bank finally granted a ￡400 loan to me.

What is an example of a loan?

An example of to loan is to give someone your phone to make a quick call. To lend (money or property). The definition of a loan is the agreement of lending money with interest and a plan to repay it. An example of a loan is the agreement to give you money to buy a house.

What does loan mean in a sentence?

noun. the act of lending; a grant of the temporary use of something: the loan of a book. something lent or furnished on condition of being returned, especially a sum of money lent at interest: a $1000 loan at 10 percent interest.

Is it proper to use loan as a verb?

Loan as a verb is perfectly standard and has been for quite a while, though it’s worth noting that it can only be used literally, as in “the bank loaned us the money.” If you are worried that someone will take you to task for using loan as a verb, then you can always use lend as a verb.

Is it loan or lend?

In formal usage (especially in British English), lend is a verb and loan is a noun. In informal American English, the use of loan as a verb is generally considered acceptable (particularly when it concerns the lending of money).

Which word means take as a loan?

Verb. Lend (a sum of money or item of property) loan. borrow. use temporarily.

What are loans used for?

Consumers commonly take on loans to finance home purchases, education, debt consolidation and general living expenses. For the growing small business, loans are available for working capital, equipment, real estate, expansion, and inventory purposes.

Do I use lend or loan?

In strict usage, loan is the noun, and lend is the verb. In other words, I apply for a loan from a bank. The bank then lends me the money. Style guides differ on whether or not loan can be used as a verb.

When to Use borrow and lend?

“Borrow” means to take something from another person, knowing you will give it back to them. “Lend” means to give something to another person expecting to get it back.

Can Lend be a noun?

LEND (noun) definition and synonyms | Macmillan Dictionary.

How do you use the word loan in a sentence?

use loan in a sentence, make example sentences of the word believe that loans to, Many people believe that loans to the developing countries should be largely forgiven by the wealthy countries so that these countries can get out of debtI didn’t have enough money to study, so I got a student loan from the government.

What is open end lending?

Definition of ‘open-ended loan’. open-ended loan in Finance. An open-ended loan is an extension of credit where money can be borrowed when you need it, and paid back on an ongoing basis, such as a credit card.

How do you calculate finance?

Part 2 of 3: Calculating Your Monthly Finance Charges Save time by using an online calculator. There are many car loan payment calculators available for free online. Find your interest rate due on each payment. Start by converting your APR to a decimal by dividing it by 100. Multiply your monthly percentage rate times your principal. Input this number into the monthly payment formula.