Lender: Difference between revisions
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Definition
Lender is a party that extends credit or money to a borrower with the expectation of being repaid, usually with interest. It refers to the parties to a Loan Agreement providing debt financing to the Client by way of a bank loan (as opposed to other forms of debt financing, such as notes or bonds).
See Also
- Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012