B1
money that someone has borrowed
Dictionary examples:
My brother took out a loan to buy a lifetime supply of socks. (0.0)
The bank gave me a loan, but it was just Monopoly money. (0.0)
I needed a loan to buy a dictionary. The bank said, 'Look it up.' (0.0)
She's going to take out a loan to start her own business. (30.8)
We'd have to get a loan to be able to buy a car. (38.7)
My brother repaid his student loan within five years. (61.1)