Lender

/ˈlɛndər/

Meaning & Definition

noun

A person or organization that lends money.

The bank acted as a lender for my home mortgage.

An institution that provides loans to individuals or businesses.

The credit union is a reliable lender for small business loans.

One who lends something, typically in a temporary capacity.

He is a lender of books to his friends, sharing his collection generously.

Middle English, from the verb 'lend' which comes from Old English 'landian,' meaning 'to grant, to allow.'

hard money lender

A lender providing short-term loans secured by real estate with higher interest rates.

private lender

An individual or organization that lends money without the typical requirements of a financial institution.

lender of last resort

An institution, usually a central bank, that offers loans to banks or other eligible institutions that are facing financial difficulty.

borrower

A person or entity that takes money or assets from a lender with the intention of paying it back.

loan

A sum of money that is borrowed and is expected to be paid back with interest.

interest

The charge for the privilege of borrowing money, typically expressed as an annual percentage.

Loan shark

Don't go to that loan shark; their rates are outrageous.

Money man

He’s the money man around here, always ready to lend some cash.