What is another word for takes on loan?

Pronunciation: [tˈe͡ɪks ˌɒn lˈə͡ʊn] (IPA)

There are several synonyms for the phrase "takes on loan". These include borrowing, lending, renting, leasing, and securing a loan. When someone wishes to acquire funds, they may approach a bank or financial institution to secure a loan. This means that they will receive a sum of money which they will then be required to pay back, typically with interest. Alternatively, some may choose to rent or lease items such as equipment or a vehicle. Regardless of the method chosen, it is important to ensure that the individual is able to meet the necessary repayment obligations and follow the terms of the agreement.

What are the hypernyms for Takes on loan?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for takes on loan?

Antonyms for the phrase "takes on loan" would be "lends" or "gives a loan". These terms refer to the opposite actions of borrowing and lending money or resources. While "takes on loan" suggests someone is borrowing money, "lends" indicates someone is giving money to be borrowed. In business or personal finance, the ability to lend or borrow can impact cash flow and financial stability. Understanding the concept of antonyms and the opposite meaning of words can help with clear communication and effective use of language.

What are the antonyms for Takes on loan?

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