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[loh-ner] /ˈloʊ nər/
a person or thing that loans.
something, as an automobile or appliance, that is lent especially to replace an item being serviced or repaired.
Origin of loaner
1880-85; loan1 + -er1 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for loaner
  • Golfers may bring their own clubs or use loaner clubs provided at the clinic.
  • The factory will supply a loaner device to the participant.
  • loaner programs teach parents how to use a seat correctly for every ride.
  • loaner clothes are required if students forget their clothes.
  • Each student is permitted one loaner without disciplinary consequences per trimester.
  • loaner dirt bikes may be available at the training site.
  • If a loaner is used by the agency, there shall be no rental fees imposed, should this be the case.
Word Origin and History for loaner

1884, "one who lends," agent noun from loan (v.). Meaning "a thing loaned" especially in place of one being repaired, is from 1926.

Online Etymology Dictionary, © 2010 Douglas Harper
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