/ Dictionary / Index L loan value: Meaning and Definition of Find definitions for: loan' val"ue Pronunciation: [key] — Insurance. Insurance. the highest amount of money that can be borrowed against a life-insurance policy, based on the cash value of the policy. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. loan translation loanword Related Content Daily Word Quiz: benevolent Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language