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Translate files 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.
Etymology
Middle English, from the verb 'lend' which comes from Old English 'landian,' meaning 'to grant, to allow.'
Common Phrases and Expressions
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.
Related Words
Slang Meanings
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.