reloan
Meanings
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verb
Re-loan is the act of borrowing money again from a lender after a previous loan has been repaid.
Rhymes
Words rhyming with reloanloan , rain , vein
Variants
List of all variants of reloan that leads to same resultrelied on/upon , relies on/upon , rely on , rely on/upon , rely upon , relying on/upon
Etymology
origin and the way in which meanings have changed throughout history.From the English words 're' meaning 'again' and 'loan' meaning 'money borrowed'.
Trivia
Any details, considerations, events or pieces of information regarding the word-
Did you know that in some countries, reloaning is a common practice even for large loans like mortgages?
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In the Philippines, it is estimated that over 60% of adult Filipinos have taken a reloan at some point in their lives.
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Reloaning can be a double-edged sword, as while it can provide much-needed relief during financial emergencies, it can also lead to a cycle of debt if not managed carefully.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
loan: A sum of money or other valuable asset provided by one party to another, usually with the agreement that it will be returned at a later date with interest or other compensation.
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debt: An amount of money owed by one person or organization to another.
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.In Filipino culture, reloaning is a common practice among families and friends, especially during emergencies or financial difficulties. It is considered a sign of trust and good relationship.
How to Memorize "reloan"
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visualize
- Visualize the act of borrowing money again from a lender after a previous loan has been repaid. Imagine the process of filling out the loan application, signing the documents, and receiving the funds.
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associate
- Associate the word 'reloan' with the idea of borrowing money again from a lender. Think of the feeling of relief when you receive the funds during a financial emergency.
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mnemonics
- Use the mnemonic 'Re-loan means borrowing money again' to remember the meaning of the word.
Memorize "reloan" using Dictozo
The best and recommended way to memorize reloan is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:
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Highlighting:
Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
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Periodic Reminders:
Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.