- a person or thing that loans.
- something, as an automobile or appliance, that is lent especially to replace an item being serviced or repaired.
Origin of loaner
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
1884, "one who lends," agent noun from loan (v.). Meaning "a thing loaned" especially in place of one being repaired, is from 1926.
Online Etymology Dictionary, © 2010 Douglas Harper