👉 "Loaned" is a term used in business and finance to describe the act of providing money or services to someone else. This can be either an asset or a liability, depending on the context. In accounting, it can refer to the process of receiving funds from another party as part of a loan, such as when a company borrows money from its suppliers or customers. The term "loaned" is typically used in business contexts where there is a transfer of resources between parties involved in a
