loan office
- noun
- /loʊn ˈɔfɪs/
:
oficina de préstamos
- She explained her financial situation at the loan office to secure funding for her small business.
Examples
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Before buying a house, he visited the loan office to discuss his financing options.
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The local loan office approved her application quickly, allowing her to purchase a new car.
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You can contact the federal student loan office to find more details.
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The shortage of coin was such a problem that colonial loan offices began issuing bills of credit.
Synonyms
28
3.0
A shop where people leave valuable things to get a loan or sell them for cash
A shop that lends money if you leave something you own as a promise to pay
A shop where people leave things to get a loan that may be sold if not paid back
How Formal
Surface Forms
Morphology
The meaning 'an office where loans are arranged, managed, and repaid' is directly and compositionally derived from 'loan' (a borrowed amount) modifying 'office' (a place of business). This noun+noun compound follows a common English and cross-linguistic pattern, so a B1 learner who knows both constituents should readily infer the MWE meaning.
Etymology
The noun loan office comes from small shops where people left a watch or guitar with the owner to 'borrow money' quickly. The owner kept the item until the person paid back the loan, so loan office means a shop that lends money when you leave something as a promise to pay it back.