Latin is the source of origin to find the etymological origin of the term loan that concerns us now. Specifically, we can underline that it emanates from the word praestarium which is the result of the union of three clearly differentiated parts: the prefix prae which can be defined as "before", the verb stare which is synonymous with "standing", and finally the suffix -arium which can be translated as "membership."
A loan is the action and effect of lending , a verb that refers to giving something to another person , who should return it in the future. The lender grants one thing so that whoever receives the loan can use it over a period of time. Once that period is over, you must return the borrowed thing.
In this sense, the existence of what is known as a loan house should be made clear. This is a space where people who urgently need cash go with the clear objective that they lend them the amount they need with the consideration of giving in pledge all kinds of valuable items they possess such as jewelry, real estate or clothing.
On a financial level, the loan or credit it's a money that a bank or similar entity is requested . When it comes to repaying the loan, you have to do it, usually by paying interest. That is, if a person requests a loan of $ 1,000 from a bank and agrees to reimburse the amount within one year with a 10% interest rate, he must return, at twelve months, $ 1,100.
It should be noted that banks are in a position to reject or deny loan requests made by their clients. These institutions, before granting the loan, request various guarantees To assure you that you can collect the money once the loan term is over. They are also responsible for studying the applicant's financial history, to check if he has unpaid debts or other economic problems.
In the same way, we find another type of loans. Specifically, there is the loan service that is developed in the various municipal and regional libraries of cities, for example, in Spain. In this case, thanks to it all those neighbors who have their own card have the possibility to take home any of the books or publications that exist in these cultural centers to be able to enjoy them for an approximate time of one month and then They will return to these spaces.
Also in the case of sport the loan is produced. Specifically this takes place when the president of a specific football club that has all the rights of a player allows that figure to play on another team for a certain period of time. It is what is also known as assignment.
Finally, a language loan it is an element that a language Take another. They can be words or morphemes that are adapted with few modifications or even without changes. This type of loans is possible when a language has a wide cultural influence in areas where other languages are spoken.
We can distinguish between lexical loans (when the borrowed element is a lexical word, such as a noun, a verb or an adjective) and grammar loans (in cases where many bilingual speakers combine morphemes and non-lexical elements of the two languages).