Definition of loanation :.
(lō-nā'shən)
1. (n.) Monies loaned, typically to a close relative, without the expectation of renumeration.
Origins: The combination of words loan and donation.
Example: Dave wrote off the $300, which he gave his daughter to fix her car brakes, as a loanation.
Submitted by: bobulese, Topics: Business & Economy
