noun
- plural of loanee; people or organizations that receive a loan
Usage: formal/technical; often used in financial or institutional contexts
Examples
- The bank tracks all loanees to ensure timely repayment of their obligations.
- Loanees must provide collateral before receiving approval for large loans.
- The credit union offers financial counseling to help loanees manage their debt.
- Government programs sometimes offer reduced interest rates to eligible loanees.
- The loanees signed agreements outlining the terms and conditions of their loans.