noun
plural loans
[count] :an amount of money that is given to someone for a period of time with a promise that it will be paid back :an amount of money that is borrowed
[noncount] somewhat formal :permission to use something for a period of time
on loan
borrowed from someone or something for a period of time
verb
loans; loaned; loaning
[+ obj] to give (something) to (someone) for a period of time :lend
chiefly US :to give (money) to (someone) who agrees to pay it back in the future :lend