Word Origin. loaning ( ˈləʊnɪŋ ) Word Origin. Word Origin and History for loan. mid-13c.from Old Norse lanrelated to lja "to lend," from Proto-Germanic laikhwniz (cf. Old Frisian len "thing lent," Middle Dutch leneDutch leen "loan, fief," Old High German lehanGerman Lehn "fief, feudal tenure"), originally "to let have, to leave (to someone)," from PIE leikw- "to leave" (see cash advance franchise cost. The Norse word also is cognate with Old English læn "gift," which did not survive into Middle English, but its derived verb lænan is the source of lend.
As a verb, loan is attested from 1540s, perhaps earlier, and formerly was current, but has now been supplanted in England by lendthough it survives in American English.
A one-time loan that gives you access to the value of your home cash advance franchise cost refinancing your first mortgage or selling your home. Home Equity Loans can be used for a specific purpose like paying for college, making house improvements, and consolidating credit card debt or you can use it to cash-out your equity for whatever needs you have later. Debt Consolidation. A loan that includes paying off consumer debt. Debts are rolled into the loan, eliminating a customers credit cards and other high-interest debts.
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