on loan Definition

loan
noun

1. Anything lent, especially money lent at interest.

Thesaurus: advance, credit, allowance.
2. An act of lending.
3. A state of being lent.
4. An arrangement for lending.
5. Permission to use something.

Example: He asked for a loan of the car
6. Short form of loan word.

verb

loaned, loaning
1. To lend (especially money).

Thesaurus: lend, advance, entrust, allow.

Idiom: on loan

Given as a loan.

Etymology: 13c: from Norse lan.

Info:

See Usage Note at lend.