loan

An act or instance of lending, an act or instance of granting something for temporary use.

How to use

The term 'loan' is commonly used in both formal and informal contexts to describe the act of lending or borrowing something, typically with the expectation of repayment or return. A notable grammatical nuance is that 'loan' can be used as a noun, but when describing the act of lending, it is often paired with verbs such as 'give', 'grant', or 'offer'. Learners should be cautious not to confuse 'loan' with 'lend', as 'lend' is a verb meaning to provide something temporarily, whereas 'loan' is the noun referring to the act or instance of lending.