Lender (Noun)
Meaning
Someone who lends money or gives credit in business matters.
Classification
Nouns denoting people.
Examples
- The bank acted as the lender for the small business loan, providing the necessary funds for expansion.
- A private lender offered the entrepreneur a competitive interest rate for the startup capital.
- The lender required collateral before approving the mortgage application.
- As a lender, the financial institution had to carefully assess the creditworthiness of each borrower.
- The company's lender imposed strict repayment terms due to the high-risk nature of the investment.