The Collaborative International Dictionary of English v.0.48:

Loanin \Loan"in\, Loaning \Loan"ing\, n. [From Scotch loan, E.
   lawn.]
   An open space between cultivated fields through which cattle
   are driven, and where the cows are sometimes milked; also, a
   lane. [Scot.] --Sir W. Scott.
   [1913 Webster]