Hi, I'm Georgiana, and I'm back with a new episode. I'm here to help you speak English fluently.

If you want to help me, share the podcast with your friends and family. That would mean a lot. Thanks.

Before we start, get the transcript.

Visit speakenglishpodcast.com slash podcast.

Okay, let's start.

In the first part of this episode, I'm going to talk about lending and borrowing something and how to get a loan from the bank.

And in the second part, you'll practice your spoken English with a question and answer mini-story.

All right, let's get started.

Today, I'd like to talk about loans and the related vocabulary.

Loans have always been a feature in all countries, societies, and cultures.

Person A has some money, and person B needs money.

Then person A can lend money to person B.

When we talk about lending, we don't talk about giving.

Giving means permanently without a time limit.

Without a time limit.

For example, if I say, I'll give you the car.

It means that the car won't be mine anymore.

It'll be yours.

When someone gives a loan, it's under certain conditions.

That is, he agrees to give money under certain conditions.

You can say, give a loan or more formally, grant a loan.

Logically, a bank lends money. You go to a bank office and ask for a loan. Then the bank will consider whether or not to give you the loan.

...