Etymograph

English

loan-back

From loan + back.

A compound of loan + back

Proto-Indo-European *leykʷ- ‘to leave’

Proto-Germanic *laihną ‘that which is lent’

Old Norse lán

Middle English lone

English loan

Proto-Germanic *baką ‘back’

Proto-West Germanic *bak

Old English bæc

Middle English bak ‘the back’

English back

Today it means

noun A money laundering or tax avoidance scheme in which money is deposited in an offshore bank and then borrowed back by a shell company controlled by the holder of that bank account.

Language periods are conventional ranges, not dates for this word.

Etymograph / loan-back

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