Lender

RECENT NEWS
Motley Fool  May 18  Comment 
After a very difficult first quarter, it’s time to reevaluate the online marketplace model.
The Times of India  May 18  Comment 
SINGAPORE, (BSW) -Turnkey Lender announced the launch of a comprehensive end-to-end loan management solution for on-line lending, which enables advanced risk management and decision automation for non-bank lenders.
Reuters  May 17  Comment 
Saudi Arabia's largest lender by assets, National Commercial Bank (NCB), plans to expand overseas, growing its Turkey franchise while exploring new markets including...
Financial Times  May 11  Comment 
Tech group wants to shield users from ‘deceptive or harmful’ financial products
The Australian  May 11  Comment 
The nation’s biggest peer-to-peer lender SocietyOne is growing up fast.
The Australian  May 11  Comment 
The Mark Bouris-led Yellow Brick Road will pay around $4m for control of SA-based lender Loan Avenue.
New York Times  May 9  Comment 
The lender’s chairman and chief executive, Renaud Laplanche, resigned after an internal review showed a violation of the company’s business practices.
The Economic Times  May 9  Comment 
The RBI's move to regulate the peer-to-peer (P2P) lending business has evoked good response with most participants saying that it could provide greater confidence to lenders and borrowers, as also to venture capitalists.
MarketWatch  May 4  Comment 
Aéropostale accuses lender Sycamore Partners of instructing another company it owns to cut off credit to the teen retailer.
MarketWatch  May 3  Comment 
Prosper Marketplace Inc., one of the biggest upstart online consumer lenders, is cutting about 28% of its staff, while shuffling executives as it aims to cope with a decline in loan volume.




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Lender

Lets someone use something that belongs to them with the intention of getting it back. Lending gives the borrower greater flexibility in dealing with temporary fluctuations in cash flow. One who lends. [1]

Lending and borrowing are basically about smoothing out the flow of cash into and out of a persons budget. A lender receives interest on the principal that he lends, and the borrower pays back more than they receive. The lender gets paid for giving up the use of the money for a time, and must also be compensated for the risk of delayed or non-repayment of the principal by the borrower.

  • Neither a borrower nor a lender be;
  • For loan oft loses both itself and friend,
  • And borrowing dulls the edge of husbandry.
    • William Shakespeare ~ Hamlet [2]

From to lend, be surety for, pledge, to hide, protect. Apparently on the notion of collateral deposited as security for something borrowed. [3] Bury, to raise a mound, hide, bury, to shelter, protection, shelter, to save, preserve. [4]

References

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