Definition for LOAN

LOAN, v.t. [Sax. lænan; G. lehnen; D. leenen; Sw. låna; Dan. laaner.]

To lend; to deliver to another for temporary use, on condition that the thing shall be returned, as a book; or to deliver for use, on condition that an equivalent in kind shall be returned, as bread; or to deliver for temporary use, on condition that an equivalent in kind shall be returned, with a compensation for the use, as in the case of money at interest. Bills of credit were issued, to be loaned on interest. Ramsay. Kent. Laws of the United States. Stat. of Conn. and of New York.

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