LOANER Meaning and
Definition
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A loaner is an individual or company that lends or provides something temporarily to another person or entity, without requiring payment or with the expectation of reimbursement. The loaner is commonly referred to as the person or organization that offers their possession or property for temporary use. This arrangement is typically made when someone's belongings are being repaired, unavailable, or in transit.
In the context of borrowing or renting items, a loaner is often a temporary substitute or replacement for an individual's own belongings or possessions. For instance, car dealerships might offer loaner vehicles to customers whose cars are being serviced or repaired. Similarly, electronics stores may provide customers with loaner devices while their own gadgets are being fixed.
In the field of medicine, a loaner can refer to a medical device or equipment that is lent to patients or medical professionals for a limited time. Hospitals, clinics, or medical supply companies might provide loaner equipment such as wheelchairs, crutches, or mobility aids to patients in need.
Overall, a loaner is an entity that offers temporary possession or use of their possessions to others, often without charge or with the expectation of the items being returned in the same condition they were received.
Common Misspellings for LOANER
Etymology of LOANER
The word "loaner" is derived from the verb "loan", which originated from the Middle English word "lone" or "loan" meaning "lend". The Middle English word is derived from the Old Norse word "láni", which also means "a loan". Eventually, the term "loan" developed into a noun, and "loaner" emerged to specifically refer to an item or object that is loaned to someone temporarily, such as a loaner car or a loaner device.
Similar spelling words for LOANER
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