LOAN, n.
1. The act of lending a lending.
2. That which is lent any thing furnished for temporary use to a person at his request, on the express or implied condition that the specific thing shall be returned, or its equivalent in kind, but without compensation for the use as a loan of a book or of bread.
3. Something furnished for temporary use, on the condition that it shall be returned or its equivalent, but with a compensation for the use. In this sense, loan is generally applied to money. See Lend.
4. A furnishing permission to use grant of the use as a loan of credit.
LOAN,
To lend to deliver to another for temporary use, on condition that the thing shall be returned, as a book or to deliver for use, on condition that an equivalent in kind shall be returned, as bread or to deliver for temporary use, on condition that an equivalent in kind shall be returned, with a compensation for the use, as in the case of money at interest. Bills of credit were issued, to be loaned on interest.