Meaning of “loan” - Learner’s Dictionary

loan

noun us uk /ləʊn/
Extra Examples
an application for a bank loana personal loanan interest-free loanI'm planning to pay off my bank loan in five years.The bank have refused a loan until we've had a survey done on the house.

B1 [ C ] money that someone has borrowed:

a bank loan
a student loan
He repaid the loan within two years.
be on loan

If something is on loan, someone is borrowing it:

Both paintings are on loan from the city museum.

(Definition of “loan noun” from the Cambridge Learner’s Dictionary © Cambridge University Press)