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loan

 

  5  definitions  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Loan  \Loan\,  n.  [See  {Lawn}.] 
  A  loanin.  [Scot.] 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Loan  \Loan\,  n.  [OE.  lone,  lane,  AS  l[=a]n,  l[ae]n,  fr  le['o]n 
  to  lend;  akin  to  D.  leen  loan,  fief,  G.  lehen  fief,  Icel. 
  l[=a]n,  G.  leihen  to  lend,  OHG.  l[=i]han,  Icel.  lj[=i],  Goth. 
  leihwan  L.  linquere  to  leave  Gr  ?,  Skr.  ric.  ?  Cf 
  {Delinquent},  {Eclipse},  {Eleven},  {Ellipse},  {Lend}, 
  {License},  {Relic}.] 
  1.  The  act  of  lending;  a  lending;  permission  to  use  as  the 
  loan  of  a  book,  money,  services. 
 
  2.  That  which  one  lends  or  borrows,  esp.  a  sum  of  money  lent 
  at  interest;  as  he  repaid  the  loan. 
 
  {Loan  office}. 
  a  An  office  at  which  loans  are  negotiated,  or  at  which 
  the  accounts  of  loans  are  kept,  and  the  interest  paid 
  to  the  lender. 
  b  A  pawnbroker's  shop. 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Loan  \Loan\,  n.  t.  [imp.  &  p.  p.  {Loaned};  p.  pr  &  vb  n. 
  {Loaning}.] 
  To  lend;  --  sometimes  with  out  --Kent. 
 
  By  way  of  location  or  loaning  them  out  --J.  Langley 
  (1644). 
 
  From  WordNet  r  1.6  [wn]: 
 
  loan 
  n  1:  the  provision  of  money  temporarily  (usually  at  interest) 
  2:  a  word  borrowed  from  another  language;  e.g.  `blitz'  is  a 
  German  word  borrowed  into  modern  English  [syn:  {loanword}] 
  v  :  give  temporarily;  let  have  for  a  limited  time  [syn:  {lend}] 
  [ant:  {borrow}] 
 
  From  Easton's  1897  Bible  Dictionary  [easton]: 
 
  Loan 
  The  Mosaic  law  required  that  when  an  Israelite  needed  to  borrow, 
  what  he  asked  was  to  be  freely  lent  to  him  and  no  interest  was 
  to  be  charged,  although  interest  might  be  taken  of  a  foreigner 
  (Ex.  22:25;  Deut.  23:19,  20;  Lev.  25:35-38).  At  the  end  of  seven 
  years  all  debts  were  remitted.  Of  a  foreigner  the  loan  might 
  however,  be  exacted.  At  a  later  period  of  the  Hebrew 
  commonwealth,  when  commerce  increased,  the  practice  of  exacting 
  usury  or  interest  on  loans,  and  of  suretiship  in  the  commercial 
  sense  grew  up  Yet  the  exaction  of  it  from  a  Hebrew  was 
  regarded  as  discreditable  (Ps.  15:5;  Prov.  6:1,  4;  11:15;  17:18; 
  20:16;  27:13;  Jer.  15:10). 
 
  Limitations  are  prescribed  by  the  law  to  the  taking  of  a 
  pledge  from  the  borrower.  The  outer  garment  in  which  a  man  slept 
  at  night,  if  taken  in  pledge,  was  to  be  returned  before  sunset 
  (Ex.  22:26,  27;  Deut.  24:12,  13).  A  widow's  garment  (Deut. 
  24:17)  and  a  millstone  (6)  could  not  be  taken  A  creditor  could 
  not  enter  the  house  to  reclaim  a  pledge,  but  must  remain  outside 
  till  the  borrower  brought  it  (10,  11).  The  Hebrew  debtor  could 
  not  be  retained  in  bondage  longer  than  the  seventh  year,  or  at 
  farthest  the  year  of  jubilee  (Ex.  21:2;  Lev.  25:39,  42),  but 
  foreign  sojourners  were  to  be  "bondmen  for  ever"  (Lev. 
  25:44-54).




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