Lender

RECENT NEWS
Forbes  Jul 1  Comment 
The Consumer Financial Protection Bureau sued a lender that specializes in used-car loans to military service members, alleging “unlawful acts and practices” used in aggressively collecting overdue payments.
The Economic Times  Jun 18  Comment 
India is set to formally consider next week a proposal to join China-led Asia Infrastructure and Investment Bank.
Forbes  Jun 18  Comment 
The financing, which will primarily be used to fund more loans, is yet another sign of the business opportunity in this burgeoning industry.
Financial Times  Jun 15  Comment 
Chinese-listed technology company strikes £22m deal
New York Times  Jun 11  Comment 
David Miller and his team at Credit Suisse made one of their most aggressive loans to Timothy Blixseth, a land and timber baron who now sits in jail.
Reuters  May 18  Comment 
Spanish lender Banco Sabadell secured European Union regulatory clearance on Monday for its 1.7-billion-pound ($2.66 billion) acquisition of British peer TSB to reinforce its...
Wall Street Journal  May 14  Comment 
Delayed childbearing is pushing up demand for expensive procedures, such as in vitro fertilization, and many clinics are teaming up with specialty fertility-finance firms to help customers cover the cost.
The Australian  Apr 28  Comment 
National Australia Bank will sharply cut its interest in Great Western Bankcorp in a move that could leave it controlling about a third of the US lender.




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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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