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Rider Haggard. Mercier obtained from the city of Montreal the loan of fifteen picked men. Word Origin. loaning ( ˈləʊnɪŋ ) Word Origin. Word Origin and History for loan. mid-13c.from Old Norse lanrelated to lja "to lend," from Proto-Germanic laikhwniz (cf. Old Frisian len "thing lent," Middle Dutch leneDutch leen "loan, fief," Old High German lehanGerman Lehn "fief, feudal tenure"), originally "to let have, to leave (to someone)," from PIE leikw- "to leave" (see relinquish).
The Norse word also is personal loans interest rates vs apr with Old English læn "gift," which did not survive into Middle English, but its derived verb lænan is the source of lend.