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    Préstamos (en. Loans)

    ˈprestamos

    Meaning & Definition

    EnglishSpanish
    noun
    Financial operation in which money or goods are delivered that must be returned within a specified time.
    Bank loans are common for purchasing a house.
    Los préstamos bancarios son comunes para la compra de una casa.
    The ability of a person to receive financial support.
    She has access to several student loans.
    Ella tiene acceso a varios préstamos estudiantiles.
    A relationship of trust between the lender and the borrower.
    It is important to have a good credit history to obtain loans.
    Es importante tener un buen historial crediticio para obtener préstamos.

    Etymology

    From Latin 'praestamus', meaning 'to give something as a guarantee.'

    Common Phrases and Expressions

    personal loans
    Money borrowed for personal use.
    préstamos personales
    mortgage loans
    Money borrowed for the purchase of real estate.
    préstamos hipotecarios
    short-term loans
    Money borrowed that must be repaid in a short period.
    préstamos a corto plazo

    Related Words

    lender
    Person or entity that grants a loan.
    prestamista
    borrower
    Person who receives a loan.
    prestatario
    interest
    Amount of money paid for the use of a loan.
    interés

    Slang Meanings

    Borrowed cash
    I need more borrowed cash for my project.
    Necesito más pasta prestada para mi proyecto.
    Money that isn't mine
    I'm going to ask for money that isn't mine to cover my expenses.
    Voy a pedir lana que no es mía para cubrir mis gastos.