Loanholders
Part of speech: noun
Definitions
- Individuals or entities that have borrowed money and are obligated to repay it according to agreed terms
- People who possess loans and must adhere to the conditions set by lending institutions
- Parties that utilize borrowed funds and are responsible for fulfilling repayments as stipulated by their loan agreements
Etymology: "Loanholders" is simply the plural of "loanholder," a compound built from two plain English words: "loan," which comes from Old Norse "lán" and carries the sense of something lent out to be returned, and "holder," an agent noun from "hold." Put together, the compound names whoever holds a loan, the party that has borrowed the money and owes repayment on the agreed terms. The plural form follows the ordinary English pattern of adding "-s" to a countable noun, so "loanholders" refers to several such borrowers at once, as in a lender's list of the parties on a set of loans.