loan

The Spanish word 'préstamo' translates to 'loan' in English. It is commonly used in contexts of finance and banking, where it represents a sum of money that is borrowed, often from a bank, with the agreement that it will be paid back, generally with added interest. The term 'préstamo' can also be used more broadly to refer to the act of borrowing anything from anyone not necessarily relating only to finance.

Example sentences using: préstamo

Necesito un préstamo para comprar una casa.

I need a loan to buy a house.

This phrase expresses a requirement for financial assistance, specifically a loan, to purchase a home.

El banco me ofreció un préstamo a bajo interés.

The bank offered me a low-interest loan.

In this example, the speaker is describing an offer from a bank that includes favorable terms for a loan.

Ella solicitó un préstamo personal para consolidar sus deudas.

She applied for a personal loan to consolidate her debts.

This sentence indicates that the individual is taking steps to obtain a personal loan with the purpose of managing and combining existing debts.