Lender

From Open Risk Manual

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