loan

This term carries a heavy sense of obligation and temporary possession. It is the standard terminology for formal financial transactions, though it is frequently used in casual settings for small favors between friends. In a financial context, it implies a legal contract and the inevitable cost of interest. While often used interchangeably with borrow, loan focuses on the perspective of the giver. Using loan as a verb is common in North American English, whereas British English traditionally prefers lend for the action of giving and loan for the noun referring to the sum of money.