MICROLOAN | English Meaning, Definition, and Pronunciation

Looking for the meaning of the word MICROLOAN in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of MICROLOAN with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.

Word: Microloan

Speech Type: Noun

Audio Pronunciation:
Phonetic Spelling: ˈmʌɪkrə(ʊ)ləʊn
Dialects: British English
Definition:

a small sum of money lent at low interest to a new business

Short Definition:

small loan lent at low interest to new business

Examples:
  • the company is offering microloans in the hospitality industry

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