Meaning & use

lender

noun·Everydayfinance

Last updated

UK/ˈlendə/
US/ˈlendər/

Meanings

  1. nouncountablefinance

    A person or organization that gives money or something else on condition that it is returned, usually with interest.

    Grammar: Often followed by to: a lender to small firms.

    Patterns

    • a lender to someone

    The lender required proof of income.

    She repaid the lender in monthly installments.

    Banks are the main lenders.

  2. nouncountable

    Anyone who lets someone use something temporarily.

    Grammar: Informal and general: I'm a generous lender of books.

    He is a reluctant lender of his tools.

    The library is the lender of the book.

    I'm the lender; you're the borrower.

Word forms

plurallenders

Common combinations

mortgage lender
The mortgage lender approved the loan.
payday lender
Payday lenders charge high rates.
lender of last resort
The central bank is the lender of last resort.
private lender
He found a private lender.
repay the lender
They repay the lender every month.

Synonyms and how they differ

creditor
Creditor means someone owed money, even from unpaid bills.
bank
Bank is one kind of lender.
financier
Financier is a large-scale investor.
moneylender
Moneylender is an older term for a private lender, often with a negative tone.

Opposites

borrower

Word family

lend verb
to give temporarily
lending noun
the act of giving loans
loan noun
the amount lent

Commonly confused: lender or borrower?

lender vs borrower

The borrower takes the money, and the lender gives it.

Practice

In a loan, the lender is the person who ___.

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