What does 'loan' mean?

[Silvia]

Business English Lesson, Advanced Level

ESL/EFL Test #21 "Money Matters (4)", question 5

When you take out a loan, you have to pay interest on the amount you ..........

(a) own
(b) lend
(c) owe
(d) take

Business English Lesson, Advanced Level

ESL/EFL Test #21 "Money Matters (4)", answer 5

When you take out a loan, you have to pay interest on the amount you owe.

Correct answer: (c) owe
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what does loan mean?

Silvia

[Mister Micawber]

.
Loan = A sum of money lent at interest.
.
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Native English teacher at Mister Micawber's

[Tom]

Why is "take" wrong here?

[Alan]

Hi Tom,

I would say using 'take' in that sentence would suggest that you help yourself to the money.

A
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English as a Second Language
You can read my ESL story Phrasal Verbs/bring