Take out a loan - Idioms by The Free DictionaryTake out a loan - Idioms by The Free Dictionaryloan | meaning of loan in Longman Dictionary of What is another word for "take as a loan"?to get a loan of money, especially from a bank. Mary took out a loan to buy a car. We will have to take out a loan to remodel the kitchen. See also: loan, out, takeA take-out loan provides a long-term mortgage or loan on a property that "takes out" an existing loan. The take-out loan will replace interim financing, such as replacing a construction loan term loan refers to a type of credit vehicle in which a sum of money is lent to another party in exchange for future repayment of the value or principal amount. In many cases, the lender loan noun [countable] an amount of money that is borrowed, especially from a bank or company, which you agree to pay back by the end of a period of time We took out a loan to buy a new amount of money that is borrowed, often from a bank, and has to be paid back, usually together with an extra amount of money that you have to pay as a charge for borrowing: She's trying to get a …sorn on someone for. touch someone for. make use of. negotiate. see one's uncle. have a loan of. receive as a loan. accept loan of. give a note use of. run into debt. see one's uncle. sorn on someone for. give a note for. have a loan of. take on loan. charter. is a synonym forlend, used by Americans, but only for the concrete meaning (the opposite of “borrow”), not the figurative one. The past tense and past participle is loaned. Yes, I’ll loan you the car. He’ll be happy to loan you a ;· The term “loan” can be used to describe any financial transaction where one party receives a lump sum and agrees to pay the money back. A mortgage is a type of loan that’s used to finance property. A mortgage is a type of loan, but not all loans are mortgages. Mortgages are “secured” ;· Loans are repaid the same way you contribute to your 401(k) – automatically and through your paycheck. Since this is a workplace benefit and not built to be easily accessible, most providers will only let you have one active loan at a time. This means you need to completely pay off one loan before taking out another from your 401(k). 5. Defaulting

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