Lend vs. Loan: What's the Difference?

The words "lend" and "loan" are both related to giving someone money or an item with the expectation that it will be returned, but they are used differently. "Lend" is a verb that describes the act of giving something to someone for a temporary period, while "loan" is usually a noun referring to the thing that is lent, or the act of lending. You can also use "loan" as a verb, but it's less common than using it as a noun.

Here's a breakdown:

Lend:

  • Meaning: To give something to someone for a temporary period, expecting its return.
  • Usage: It's usually followed by an indirect object (the person receiving) and a direct object (the thing being lent).
  • Example 1: Can you lend me your pen? (Meaning: Can you give me your pen temporarily?)
  • Example 2: I'll lend you my car for the weekend. (Meaning: I will give you my car for the weekend and you will return it.)
  • Example 3: My friend lent me a book. (Meaning: My friend gave me a book temporarily.)

Loan:

  • Meaning: The act of lending something, especially money, or the money or item that is lent.
  • Usage: Usually used as a noun but can be a verb (less common).
  • Example 1 (Noun): I took out a loan to buy a car. (Meaning: I borrowed money from a bank to buy a car.)
  • Example 2 (Noun): The loan is due next month. (Meaning: The borrowed money is due next month.)
  • Example 3 (Verb): The bank loaned him $10,000. (Meaning: The bank lent him $10,000.)

In short, you lend something to someone, and they receive a loan. Think of it this way: "lend" is the action, and "loan" is the thing.

Happy learning!

Learn English with Images

With over 120,000 photos and illustrations