Definition: An act or instance of lending, an act or instance of granting something for temporary use.
Alright class, settle down now, let’s take a look today, At a word that pops up – it’s quite a play! We're talking about "loan," you see, it’s true, Let’s break it down for me and you. The dictionary tells us, clear and bright, "An act or instance of lending, shining light!" It means to give something, don’t you know, For a little while, let someone go! Like borrowing a book from the library shelf, Or asking your friend for help yourself. “Granting something for temporary use,” that's the key, You get it back later, eventually free! Think of a car loan, or a student’s plea, It’s borrowing money – you agree? Does that make sense to you, my dear students bright? Any questions popping up in your light?