A loan is a type of debt. The borrower agrees to repay the lender the sum of money loaned, at a particular time. It is often paid part by part over time, in order to clear the debt.
ʌ WORD_BOUNDARY l oʊ n WORD_BOUNDARY ɪ z WORD_BOUNDARY ʌ WORD_BOUNDARY t aɪ p WORD_BOUNDARY ʌ v WORD_BOUNDARY d ɛ t WORD_BOUNDARY ð ə WORD_BOUNDARY b ɑ ɹ oʊ ə ɹ ɹ WORD_BOUNDARY ʌ ɡ ɹ iː z WORD_BOUNDARY t ə WORD_BOUNDARY ɹ ɪ p eɪ WORD_BOUNDARY ð ə WORD_BOUNDARY l ɛ n d ə ɹ WORD_BOUNDARY ð ə WORD_BOUNDARY s ʌ m WORD_BOUNDARY ʌ v WORD_BOUNDARY m ʌ n i WORD_BOUNDARY l oʊ n d WORD_BOUNDARY æ t ə WORD_BOUNDARY p ə ɹ t ɪ k j ʊ l ə ɹ WORD_BOUNDARY t aɪ m WORD_BOUNDARY ɪ t WORD_BOUNDARY ɪ z WORD_BOUNDARY ɔ f ə n WORD_BOUNDARY p eɪ d WORD_BOUNDARY p ɑ ɹ t WORD_BOUNDARY b aɪ WORD_BOUNDARY p ɑ ɹ t WORD_BOUNDARY oʊ v ə ɹ WORD_BOUNDARY t aɪ m WORD_BOUNDARY ɪ n WORD_BOUNDARY ɔ ɹ d ə ɹ WORD_BOUNDARY t ə WORD_BOUNDARY k l ɪ ɹ WORD_BOUNDARY ð ə WORD_BOUNDARY d ɛ t WORD_BOUNDARY