Lender
/ˈlɛndər/
Definitions
A person or organization that provides money to someone with the expectation that it will be returned, usually with interest.
/ˈlɛndər/
A person or institution that lends money.
The lender approved the mortgage application.
💡 Simply: Imagine your friend wants to buy a new video game, but they don't have enough money. If you give them the money and they promise to pay you back later, you're the lender!
👶 For kids: A lender is someone who gives money to someone else to borrow.
More Examples
She negotiated a better interest rate with a different lender.
The government often acts as a lender to small businesses.
How It's Used
"The bank is a major lender in the real estate market."
"They found a private lender to finance their startup."
From Middle English *lendere*, from Old English *lændra*, agent noun of *lænan* 'to lend'.
The term 'lender' has been used since the Middle Ages, reflecting the long history of lending practices.
Memory tip
Think of someone who *lends* money, they're the *lender*.
Word Origin
"one who lends"