Peer-to-Peer


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Peer-to-Peer

A loan to a start-up or other new company from a source other than a financial institution. A lender often charges high interest in a P to P loan. This provides the borrower with financing needed to maintain operations until it becomes profitable. See also: Angel investor.
References in periodicals archive ?
In comparison to bank-originated consumer-finance loans, peer-to-peer loans performed either similarly or slightly better.
How do we reconcile the redundancy of data required by peer-to-peer networking with content management systems that attempt to eliminate redundancy?
Peer-to-peer networks have two major disadvantages:
MonJa empowers institutional investors with market insights for peer-to-peer lending.