loan

US /loʊn/

Definition

the temporary provision of money (usually at interest)

Tested in TOEIC business and workplace contexts.

The bank approved a loan to help the company buy new machines.

creditapproval
advancea movement forward
mortgagea conditional conveyance of property as security for the repayment of a loan

Easy bank loan
to bank loan, meaning to tip laterally
Medium apply for a business loan
to submit a formal request or put into practice regarding for a business loan
Hard mortgage loan pre-approval process
to mortgage loan pre-approval process, meaning to put up as security or collateral
Very Hard secure an unsecured loan facility
to secure an unsecured loan facility, meaning to get by special effort

Learner's English edition · Curated definitions for TOEIC learners.