LOAN - [noun] an amount of money borrowed from a bank that has to be paid back with some extra money being a charge for borrowing
Examples of use
Unfortunately, I can't afford a car without taking a loan.
Many young people from poor families take the opportunity of studying in big cities by taking student loans to cover the costs of professional education.
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English speaking practise
Remember that if you don't use that word in English conversations or writing you'll forget it in a short time. So the best thing you can do to learn this word is just trying to use it in speaking or writing. Remember also that practise is the key to fluent english speaking.
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