an amount of money that is borrowed, often from a bank, and has to be paid back, usually together with an extra amount of money that you have to pay as a charge for borrowing
I got a loan from the bank.
An amount of money borrowed, often from a bank, and has to be paid back.
Taking out a loan helped him start his own business.
The bank approved her loan application for the new house.
Careful consideration is necessary before committing to a significant loan.