préstamo
nounCEFR B1
What does “préstamo” mean in English?
loan — money lent by a bank or person to be repaid with interest; pedir/solicitar un préstamo; préstamo personal vs hipotecario
Example sentences
Para concederle el préstamo, la entidad necesita que acredite unos ingresos estables y que no figure en ningún registro de morosos.
In order to grant you the loan, the institution needs you to prove stable income and that you do not appear in any defaulters' register.
Le comunicamos que su solicitud de préstamo ha sido aprobada con las condiciones que se detallan en el contrato adjunto.
We inform you that your loan application has been approved with the conditions detailed in the attached contract.
Si desea ampliar el importe del préstamo, deberá solicitar una nueva evaluación de riesgos, lo que puede alargar el proceso entre dos y cuatro semanas.
If you wish to increase the loan amount, you will have to request a new risk assessment, which may extend the process by two to four weeks.
How to use it
El préstamo is a loan — money lent by a bank or person to be repaid with interest. At B1 it appears in formal register banking contexts. Key collocates: pedir/solicitar un préstamo (to apply for a loan), conceder un préstamo (to grant a loan), devolver el préstamo (to repay the loan), préstamo personal vs préstamo hipotecario (personal loan vs mortgage loan). The accent is obligatory: préstamo. The verb is prestar; the borrower's perspective uses pedir prestado.
Common mistake
El préstamo (the loan as a financial product) is different from prestar (to lend) and pedir prestado (to borrow). The accent is critical: prestamo is not a word; préstamo is the noun. Do not confuse préstamo personal (unsecured loan) with hipoteca (secured against property) — the distinction matters in banking contexts.