The verb loan is likely one of the words English settlers delivered to America and continued to make use of after it had died out in Britain. Its use was soon noticed by British visitors and considerably later by the new England literati, who thought of it a bit provincial. It was flatly declared fallacious in 1870 by a preferred commentator, who based his objection on etymology. A later scholar showed that the commentator was ignorant of Outdated English and thus unsound in his objection, but by then it was too late, as the condemnation had been picked up by many other commentators. Although a surprising variety of critics still voice objections, loan is totally commonplace as a verb.

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