Lending and Loaning

Lending

In finance, a loan is a debt evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment.

Lend \Lend\ (l[e^]nd), v. t. [imp. & p. p. {Lent} (l[e^]nt); p. pr. & vb. n. {Lending}.] [OE. lenen, AS. l[=ae]nan, fr. l[=ae]n loan; akin to G. lehnen to lend. See {Loan}.] 1. To allow the custody and use of, on condition of the return of the same; to grant the temporary use of; as, to lend a book; -- opposed to {borrow}. [1913 Webster] Give me that ring. I'll lend it thee, my dear, but have no power To give it from me. --Shak. [1913 Webster] 2. To allow the possession and use of, on condition of the return of an equivalent in kind; as, to lend money or some article of food. [1913 Webster] Thou shalt not give him thy money upon usury, nor lend him thy victuals for increase. --Levit. xxv. 37. [1913 Webster] 3. To afford; to grant or furnish in general; as, to lend assistance; to lend one's name or influence. [1913 Webster] 4. To let for hire or compensation; as, to lend a horse or gig. [1913 Webster] Note: This use of the word is rare in the United States, except with reference to money. [1913 Webster] {To lend a hand}, to give assistance; to help. [Colloq.] {To lend one's ears} or {To lend an ear}, to give attention. [1913 Webster]

Lending \Lend"ing\, n. 1. The act of one who lends. [1913 Webster] 2. That which is lent or furnished. [1913 Webster]

Loaning

loaning n : disposing of money or property with the expectation that the same thing (or an equivalent) will be returned [syn: {lending}]

Loan \Loan\, v. t. [imp. & p. p. {Loaned}; p. pr. & vb. n. {Loaning}.] To lend; -- sometimes with out. --Kent. [1913 Webster] By way of location or loaning them out. --J. Langley (1644). [1913 Webster]

Data Sources:

  • lending: WordNet (r) 2.0
  • lending: The Collaborative International Dictionary of English v.0.44
  • lending: The Collaborative International Dictionary of English v.0.44
  • loaning: WordNet (r) 2.0
  • loaning: The Collaborative International Dictionary of English v.0.44
  • loaning: The Collaborative International Dictionary of English v.0.44

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