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Wordabulary

loan

Pronunciation
Noun A2 Elementary

Quick answer

A sum of money that is borrowed and usually paid back with interest.

"They took out a loan to help pay for the car."

Usage notes

Also used as a verb, especially in American English, as in "loan me some money."

Test yourself

Which word fits the gap? "They took out a _____ to help pay for the car."

Answer: loan

In your own words, what does "loan" mean?

A sum of money that is borrowed and usually paid back with interest.

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