📒 money that an organization such as a bank lends and somebody borrows
to take out/repay a loan (= to borrow money/pay it back)
She took out an $8 000 personal loan.
bank loans with low interest rates
📒 the act of lending something; the state of being lent
loan of something I even gave her the loan of my car.
on loan an exhibition of paintings on loan (= borrowed) from private collections
on loan from somebody/something The striker, on loan from United, scored his first goal for City today (= he is playing for City for a fixed period by agreement with his own team, United).