Borrowing and lending · Money and prices
take out a loan
borrow formally
To take out a loan is to borrow money from a bank or other lender.
This vs that
We took out a loan for the renovation.
I borrowed some money from my brother.
Hear it in real life
How did you afford the new equipment?
We took out a loan and are paying it back over five years.
We had to take out a loan to pay for the repairs.
Which sounds natural?
Psst — which one would you actually say?
Take out a loan is the normal everyday phrase.
Say it together
Whole chunks natives use with it.
take out a loan to ___
They took out a loan to renovate the kitchen.
I wouldn't take out a loan to pay for a luxury holiday.
Phrases to borrow
More for talking about borrowing and lending.
borrow money from ___
I had to borrow money from my brother temporarily.
owe ___ for ___
I still owe my sister for the train tickets.
Borrowing and lending words
Money and prices · Borrowing and lending: the words around “take out a loan”.
More connectionsEasy to mix up · More borrowing and lending words9
More borrowing and lending words
Compare it
Where this one sits next to the phrases it gets mixed up with.
Your turn: say it out loud
We took out a loan to cover the cost.
Say it out loud two or three times, until it feels like yours.
take out a loan
borrow formally
“We had to take out a loan to pay for the repairs.”
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