👉 In finance, a loanable is a financial instrument that can be used to borrow money. This means that it has the capacity to lend out and can be repaid with interest or at maturity. For example, if you have an overdraft on your credit card, you could use this as collateral for a loan to cover any outstanding debts. The loanable would need to be able to repay the amount lent back in full, but it might also earn some interest over time. In other words,
