Dictionary of English - lend or loan
lend or loan
A loan is something which is lent, or an act of lending: I've applied to the bank for a loan; We are grateful for the loan of the premises. In British English, loan is used as a verb only when referring formally to a loan of considerable value: The banks have loaned more than three million pounds to small businesses; The Picasso has been loaned to the museum. In a less formal context, lend is used: Lend me your pen? In American English the verb loan is used for everyday things: Loan me ten bucks?.
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