Difference between Lend and Loan

What is the difference between Lend and Loan?

Lend as a verb is to allow to be used by someone temporarily, on condition that it or its equivalent will be returned. while Loan as a verb is to lend. this usage is confined to the us (or perhaps parts thereof) and elsewhere is ungrammatical (loan being the noun, and lend the verb).

Lend

Part of speech: verb

Definition: To allow to be used by someone temporarily, on condition that it or its equivalent will be returned. To make a loan. to be be misled in a jocular or teasing manner. to be suitable or applicable, to fit

Example sentence: Everybody likes a kidder, but nobody lends him money.

Loan

Part of speech: noun

Definition: A sum of money or other valuables or consideration which an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest).The contract and array of legal and/or ethical obligations surrounding a loan.The permission to borrow any item.

Part of speech: verb

Definition: To lend. This usage is confined to the US (or perhaps parts thereof) and elsewhere is ungrammatical (loan being the noun, and lend the verb).

Example sentence: And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans.

We hope you now know whether to use Lend or Loan in your sentence.

Also read

Popular Articles