Lender

RECENT NEWS
Clusterstock  Mar 27  Comment 
Elevate Credit, an online lender that focuses on riskier borrowers, is headed for an initial public offering. The company is offering 7.7 million shares at $12 to $14 each, it said in an updated filing on Monday. It has also put aside 1.15...
The Economic Times  Mar 24  Comment 
The stock rose 1.83 per cent to hit a high of Rs 1,543.90 on BSE.
The Economic Times  Mar 20  Comment 
In existence for more than 25 years, TFCI is the only government promoted financial institution for funding tourism projects.
Agrimoney.com  Mar 16  Comment 
A survey of US farm states shows its best figure for equipment sales in two years - if still a "very weak" reading. Land prices stay in decline
The Economic Times  Mar 3  Comment 
A surge in recent defaults was contributed by companies which had loans restructured by the Corporate Debt Restructuring cell.
TechCrunch  Mar 2  Comment 
 Upstart, a nearly five-year-old online lending company that prides itself on quickly identifying people who are less likely to default on money leant them, has raised $32.5 million in fresh funding that brings its total funding to date to...
Wall Street Journal  Feb 22  Comment 
The world’s most valuable peer-to-peer lender, China’s Lufax—valued at $18.5 billion and No. 1 at home with 13% of the market—is making a shift into the country’s booming retail-investment market.
The Economic Times  Feb 21  Comment 
In a filing to BSE, the lender said it would give financial assistance of up to Rs 8,150 crore to JBVNL and up to Rs 7,000 crore to JUSNL.
MarketWatch  Feb 16  Comment 
Online lender Social Finance Inc. is nearing a deal to raise $500 million in fresh funds from an investor group led by private-equity firm Silver Lake, according to people familiar with the matter.




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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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