What is another word for a money lender?
What is another word for moneylender?
| banker | financier |
|---|---|
| usurer | pawnbroker |
| bankroller | lender |
| loan shark | Shylock |
| owner | bestower |
Who is money lender in economics?
A moneylender is a person or group who typically offers small personal loans at high rates of interest. The high interest rates charged by them is justified in many cases by the risk involved.
What do you mean by lender?
A lender is an individual, a public or private group, or a financial institution that makes funds available to a person or business with the expectation that the funds will be repaid. Repayment will include the payment of any interest or fees.
What is the role of a money lender?
The functions of moneylenders are: (1) The main function of moneylenders is to give short-term loans. Loans may be given for consumption purposes, to meet social and religious obligations or the needs of farmers for seeds, cattle, fertilisers, etc. (2) Loans are generally given on the personal security of borrowers.
What is the opposite of lender?
Main entry: lender, loaner. Definition: someone who lends money or gives credit in business matters. Antonyms: borrower. Definition: someone who receives something on the promise to return it or its equivalent.
What is another word for borrower?
What is another word for borrower?
| mortgagor | defaulter |
|---|---|
| pledger | debtor |
| bankrupt | loanee |
| purchaser | welsher |
| deadbeat | risk |
What is lender in accounting?
A lender is an entity that makes cash loans to other entities or individuals in exchange for either a fixed or variable interest rate and a promise of repayment. Lenders are needed for several reasons, including the following: To provide funding for major purchases.
What is a bank lending?
verb. When people or organizations such as banks lend you money, they give it to you and you agree to pay it back at a future date, often with an extra amount as interest.
What are two responsibilities of a lender?
49 CFR § 260.53 – Lenders’ functions and responsibilities.
- (a) Loan processing.
- (1) Processing applications for the loan to be guaranteed;
- (2) Developing and maintaining adequately documented loan files;
- (3) Recommending only loan proposals that are eligible and financially feasible;
What is another word for lender?
lender
- bank.
- banker.
- Shylock.
- backer.
- granter.
- moneylender.
- pawnbroker.
- pawnshop.
What is borrower Lender?
A bond is a promise to pay. The buyer of a bond is a lender. The seller of a bond is a borrower. The bond buyers pay now in exchange for promises of future repayment—that is, they are lenders. The bond sellers receive money now and in exchange for their promises of future repayment—that is, they are borrowers.