lender Definition
a person or organization that lends money.
Using lender: Examples
Take a moment to familiarize yourself with how "lender" can be used in various situations through the following examples!
Example
The bank is a major lender to small businesses.
Example
He borrowed $10,000 from a private lender.
Example
The company is looking for a new lender to finance its expansion.
lender Synonyms and Antonyms
Phrases with lender
a financial institution that provides loans to individuals or businesses for the purpose of purchasing real estate
Example
The mortgage lender approved their loan application.
a business that provides short-term loans at high interest rates, typically due on the borrower's next payday
Example
She had to borrow money from a payday lender to pay her bills.
Example
The government is the largest student lender in the country.
Summary: lender in Brief
A 'lender' [ˈlɛndər] is a person or organization that provides money to borrowers. Examples include banks, private lenders, and payday lenders. Phrases like 'mortgage lender' and 'student lender' specify the type of lending, while 'payday lender' refers to a specific type of short-term loan. 'Lender' is a formal term that can be used interchangeably with 'creditor' or 'loaner.'
