loanback noun2 •A loan made from a pension or annuity to someone who has contributed money to that pension or annuity.Furthermore, the Target plans provide a guaranteed loanback facility with loans from as little as £5,001. — 1987 •A loan from a trust fund to the grantor that created the fund.The following, in combination, may avert an implication of prior agreement: (a). Use of an independent trustee; (b). Reasonable time between creation of trust and loanback. — 1984 formsloanbacks