Learn about the difference between the homophones: lone and loan

Definitions

Lone is an adjective that means being alone or solitary, without companions.

Example

The lone wolf howled at the moon.

Example

She was the lone survivor of the plane crash.

Loan is a noun that refers to a sum of money borrowed from a bank or other financial institution that is expected to be paid back with interest.

Example

He took out a loan to buy a car.

Example

I need to pay off my student loans.

Tips To Remember the Differences

Here are a few tips to easily distinguish the difference between these words while keeping in mind the description we've provided:

- To remember the difference between lone and loan, you can associate lone with being alone or solitary. - Think of the word 'alone' which sounds similar to lone. - For loan, think of borrowing money from a bank or financial institution. You might also associate it with the word 'owe' since you have to pay it back with interest.

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Remember this!

Remember, lone refers to being alone or solitary, while loan refers to borrowing money that must be paid back with interest.

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