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LOAN (adapted from the Scandinavian form of a word common to Teutonic languages, cf. Swed. Mn, Icel. lan, Dut. leen; the O.E. laen appears in " lend," the ultimate source is seen in the root of Gr. Xeiaecv and Lat. linquere, to leave)
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LOAN (adapted from the Scandinavian form of a word common to Teutonic languages, cf. Swed. Mn, Icel. lan, Dut. leen; the O.E. laen appears in " lend," the ultimate source is seen in the root of Gr. Xeiaecv and Lat. linquere, to leave), that which is lent; a sum of money or something of value lent for a specific or in-definite period when it or its equivalent is to be repaid or returned, usually at a specified rate of interest (see USURY and MONEY-LENDING). For public loans see FINANCE, NATIONAL DEBT, and the various sections on finance under the names of the various countries.