Meaning & Definition of Lender in English
Lender
A person or organization that lends money or other assets.
Pronunciation:
/ˈlɛndər/Part of Speech:
nounPlural:
lendersDetailed Definitions
Definition: A person or institution that lends money to borrowers with the expectation of being paid back, usually with interest.
Example Sentence: The lender approved the loan application after reviewing the applicant's credit history.
Definition: An entity that provides financial assistance or loans for purchasing a property or making investments.
Example Sentence: The bank serves as a lender, offering mortgages to first-time homebuyers.
Etymology
Origin: Middle English, from the verb 'lend' which comes from Old English 'landian,' meaning 'to grant, to allow.'
Synonyms
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.
Translations
- Spanish: prestamista
- French: prêteur
- German: Darlehensgeber
- Russian: заимодатель
Related Words
- 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.
Slang Meanings of lender
Meaning: Loan shark
Example Sentence: Don't go to that loan shark; their rates are outrageous.
Meaning: Money man
Example Sentence: He’s the money man around here, always ready to lend some cash.