ENGLISH
REFERENCE

lender

n. countable
B2 Upper Intermediate US //ˈɫɛndɝ// UK //lˈɛndɐ// lender

n. a person or a company, like a bank, that lets you borrow money for a period of time. You usually have to pay them back with extra money called interest.

n. an individual or financial institution that provides funds to another party with the expectation of repayment, typically including interest. Often used in contrast with 'borrower'.


SIMPLE

The lender approved my application for a small business loan.

CONTEXTUAL

Before signing the contract, make sure you compare the interest rates offered by each private lender.

COMPLEX

In a tightening credit market, the primary lender may require additional collateral to mitigate the risk of a potential default by the borrower.

Synonyms
Antonyms
Origin

From Middle English lendare, leendare, variants of lenner, lenere, equivalent to lend + -er.

Usage

Commonly paired with 'mortgage', 'private', or 'institutional'.

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