loan in a sentence
n.
π Grade Level: Grade 4, Grade 5
Definition
A loan is a sum of money that is borrowed from a lender, typically a bank, with the agreement to be repaid with interest over a specified period.
Sample Sentences
- She decided to apply for a loan to help finance her new business.
- The bank approved his loan application after reviewing his credit history.
- Many students rely on loans to cover their tuition and living expenses.
- Before taking out a loan, itβs important to understand the terms and interest rates.
- She felt relieved when the loan was finally paid off after years of dedication.
- The bank approved her application for a personal loan to renovate her home.
- He decided to take out a student loan to cover his tuition fees.
- After careful consideration, they agreed to loan him the money for his new business venture.
- A loan from a family member can sometimes create tension in relationships.
- She was relieved when her loan was forgiven after completing the required community service hours.
- The bank approved her application for a personal loan to start her own business.
- He struggled to repay his student loan after graduating from college.
- They decided to take out a loan to finance their new home.
- After much deliberation, she agreed to co-sign the loan for her brother.
- The interest rates on the loan were surprisingly low, making it an attractive option.