Bank vs Loan - What's the difference?
bank | loan |
An institution where one can place and borrow money and take care of financial affairs.
* {{quote-magazine, date=2013-06-01, volume=407, issue=8838, page=71, magazine=(The Economist)
, title= A branch office of such an institution.
An underwriter or controller of a card game; also banque .
A fund from deposits or contributions, to be used in transacting business; a joint stock or capital.
* Francis Bacon
(gambling) The sum of money etc. which the dealer or banker has as a fund from which to draw stakes and pay losses.
In certain games, such as dominos, a fund of pieces from which the players are allowed to draw.
A safe and guaranteed place of storage for and retrieval of important items or goods.
A device used to store coins or currency.
To deal with a bank or financial institution.
To put into a bank .
(hydrology) An edge of river, lake, or other watercourse.
* Shakespeare
* 2014 , Ian Jack, "
(nautical, hydrology) An elevation, or rising ground, under the sea; a shallow area of shifting sand, gravel, mud, and so forth (for example, a sandbank or mudbank).
(geography) A slope of earth, sand, etc.; an embankment.
(aviation) The incline of an aircraft, especially during a turn.
(rail transport) An incline, a hill.
A mass noun for a quantity of clouds.
(mining) The face of the coal at which miners are working.
(mining) A deposit of ore or coal, worked by excavations above water level.
(mining) The ground at the top of a shaft.
(aviation) To roll or incline laterally in order to turn.
To cause (an aircraft) to bank .
To form into a bank or heap, to bank up.
To cover the embers of a fire with ashes in order to retain heat.
To raise a mound or dike about; to enclose, defend, or fortify with a bank; to embank.
* Holland
(obsolete) To pass by the banks of.
A row or panel of items stored or grouped together.
* {{quote-news, year=2011
, date=December 10
, author=Marc Higginson
, title=Bolton 1 - 2 Aston Villa
, work=BBC Sport
A row of keys on a musical keyboard or the equivalent on a typewriter keyboard.
A bench, as for rowers in a galley; also, a tier of oars.
* Waller
A bench or seat for judges in court.
The regular term of a court of law, or the full court sitting to hear arguments upon questions of law, as distinguished from a sitting at nisi prius, or a court held for jury trials. See banc.
(archaic, printing) A kind of table used by printers.
(music) A bench, or row of keys belonging to a keyboard, as in an organ.
(uncountable) slang for money
(banking, finance) A sum of money or other valuables or consideration that an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest).
*
, title=The Mirror and the Lamp
, chapter=2 The contract and array of legal or ethical obligations surrounding a loan.
The permission to borrow any item.
To lend (something) to (someone).
* 2006: — (unidentified episode, but frequently heard from her as a verb)
As nouns the difference between bank and loan
is that bank is bench, pew while loan is (banking|finance) a sum of money or other valuables or consideration that an individual, group or other legal entity borrows from another individual, group or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest) or loan can be (scotland) a lonnen.As a verb loan is
to lend (something) to (someone).bank
English
Alternative forms
* (all obsolete)Etymology 1
From (etyl) banke, from (etyl) .Noun
(en noun)End of the peer show, passage=Finance is seldom romantic. But the idea of peer-to-peer lending comes close. This is an industry that brings together individual savers and lenders on online platforms.
- Let it be no bank or common stock, but every man be master of his own money.
- If you want to buy a bicycle, you need to put the money in your piggy bank .
Synonyms
* (controller of a card game) bankerDerived terms
* bankability * bankable * bank account * bank agent * bank balance * bank bill * bank book * bank card * bank charges * bank cheque * bank clerk * bank draft * banker * bank giro * bank holiday * bank interest * bank loan * bank manager * banknote * bank of deposit * bank of issue * bank paper * bank rate * bank reserves * bank statement * bank stock * blood bank * bottle bank * break the bank * banking * bankroll * central bank * clearing bank * cry all the way to the bank * databank * food bank * investment bank * * joint-stock bank * laugh all the way to the bank * memory bank * merchant bank * national bank * peat bank * penny bank * piggy bank * pot bank * prime bank * private bank * reserve bank * savings bank * sperm bank * spoil bank * state bank * stopbank * take it to the bank * trustee savings bank * World BankVerb
(en verb)- He banked with Barclays.
- I'm going to bank the money.
Derived terms
* bank onEtymology 2
(etyl) banke, from (etyl) .Noun
(en noun)- Tiber trembled underneath her banks .
Is this the end of Britishness", The Guardian , 16 September 2014:
- Just upstream of Dryburgh Abbey, a reproduction of a classical Greek temple stands at the top of a wooded hillock on the river’s north bank .
- the banks of Newfoundland
- The bank of clouds on the horizon announced the arrival of the predicted storm front.
- Ores are brought to bank .
Derived terms
* bank up * clay-bank * cloud bank * embank * embankment * land bank * Left Bank * left-bank * oyster bank * right-bank * river bank * sand bank * sea bank * West BankVerb
(en verb)- to bank sand
- banked well with earth
- (Shakespeare)
Etymology 3
(etyl) .Noun
(en noun)- a bank of switches
- a bank of pay phones
citation, page= , passage=Wanderers were finally woken from their slumber when Kevin Davies brought a fine save out of Brad Guzan while, minutes after the restart, Klasnic was blocked out by a bank of Villa defenders.}}
Etymology 4
Probably from (etyl) banc. Of German origin, and akin to English bench.Noun
(en noun)- Placed on their banks , the lusty Trojans sweep / Neptune's smooth face, and cleave the yielding deep.
- (Burrill)
- (Knight)
Anagrams
* 1000 English basic words ----loan
English
Etymology 1
From (etyl) lone, lane, from (etyl) . More at (l).Noun
(en noun)citation, passage=That the young Mr. Churchills liked—but they did not like him coming round of an evening and drinking weak whisky-and-water while he held forth on railway debentures and corporation loans . Mr. Barrett, however, by fawning and flattery, seemed to be able to make not only Mrs. Churchill but everyone else do what he desired.}}
Hypernyms
* (something that a legal entity borrows) bailmentHyponyms
* (something that a legal entity borrows) mutuumDerived terms
* bridge loan * caveat loan * loan shark * low-doc loan * swing loanVerb
(en verb)- When you loan somebody something, they have the responsibility to safeguard it.
