Definition, Meaning & Synonyms

lender

noun

/ˈlɛndər/

Definition

A lender is a person or organization that gives money or property to another person or organization with the expectation that it will be paid back, usually with interest.

Examples

John is a lender who assists small businesses in obtaining loans.
The bank acted as a lender, offering mortgages to homebuyers.
In the real estate market, many lenders provide financing options to buyers.

Meaning

In finance, a lender provides resources for others to use temporarily. The resources are typically financial, such as cash or property, lent with the condition of being returned at a future date.