- take out a loan
- take out a loanto get a loan of money, especially from a bank. •
Mary took out a loan to buy a car.
•We will have to take out a loan to remodel the kitchen.
Dictionary of American idioms. 2013.
take out a loan
Look at other dictionaries:
take out (something) — 1. to obtain an agreement to borrow money or financially protect your property. If you buy a house, you must take out fire insurance to protect you from loss. He took a loan out to buy the car. 2. to attack and destroy something. The army took… … New idioms dictionary
take out — verb 1. cause to leave (Freq. 7) The teacher took the children out of the classroom • Syn: ↑move out, ↑remove • Hyponyms: ↑clear, ↑call in, ↑estrange … Useful english dictionary
Take-Out Loan — A type of long term financing (usually) on a piece of real property. Long term take out loans replace interim financing, such as a short term construction loan. They are usually mortgages with fixed payments that are amortizing. Take out loans… … Investment dictionary
take out — 1) PHRASAL VERB If you take something out, you remove it permanently from its place. [V n P] I got an abscess so he took the tooth out... [V P n (not pron)] When you edit the tape you can take out the giggles. 2) PHRASAL VERB If you take out… … English dictionary
Take-Out Lender — A type of financial institution that provides a long term mortgage on property. This mortgage will replace interim financing, such as a construction loan. Take out lenders are normally large financial conglomerates, such as insurance or… … Investment dictionary
take out — phr verb Take out is used with these nouns as the object: ↑account, ↑ad, ↑advert, ↑advertisement, ↑appendix, ↑boat, ↑book, ↑cellphone, ↑clause, ↑contact lens, ↑contract, ↑ … Collocations dictionary
loan — money lent at interest.A lender makes a loan with the idea that it will be paid back as agreed and that interest will be paid for the use of the money. Glossary of Business Terms Temporary borrowing of a sum of money. If you borrow $1 million you … Financial and business terms
loan — loan1 W2S2 [ləun US loun] n [Date: 1100 1200; : Old Norse; Origin: lan] 1.) an amount of money that you borrow from a bank etc loan of ▪ a loan of £60,000 ▪ I had to take out a loan to buy my car. ▪ It ll be years before we ve paid off the loan … Dictionary of contemporary English
take sth out — UK US take sth out Phrasal Verb with take({{}}/teɪk/ verb [T] (took, taken) ► FINANCE, BANKING, MARKETING to arrange and pay for insurance, a loan, an advertisement, etc.: take out a loan/mortgage »He took out a $44,000 startup loan. »They… … Financial and business terms
loan — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ large, massive ▪ small ▪ long term, short term ▪ high interest, interest free … Collocations dictionary
loan — loan1 [ loun ] noun *** 1. ) count an amount of money that a person, business, or country borrows, especially from a bank: an interest free loan obtain/arrange/take out a loan: Jim took out a loan to pay for his car. pay off/repay a loan: How… … Usage of the words and phrases in modern English
