lender


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Lender

Businesses that provide loans to others.

Lender

A person or organization that makes a loan. That is, a lender gives money to a borrower with the expectation of repayment in a timely manner, almost always with interest.
Ledgerclick for a larger image
Fig. 50 Ledger. The main ledger accounts.

lender

a person, company or institution that provides a BORROWER with MONEY or some other asset (for example machinery, property) in the form of a LOAN, MORTGAGE or LEASING arrangement in order to finance consumption and investment. See DEBT, FINANCIAL SYSTEM, COLLATERAL SECURITY.

lender

a person, firm or institution that makes a LOAN to a BORROWER to enable the borrower to finance CONSUMPTION or INVESTMENT. Lenders frequently require borrowers to offer some COLLATERAL SECURITY, for example, property deeds, which lenders may retain in the event of borrowers failing to repay the loan. See alsoCREDIT, FINANCIAL SYSTEM.

lender

One who advances money to another in the expectation of receiving repayment of the money plus a fee for the use of the money, called interest.

Lender

See Mortgage Lender.

References in periodicals archive ?
If the secretary determines that an institution or lender has violated a subsection, the penalty would depend on the severity of the infraction.
Under the regulations, a lender is not subject to tax under section 881 if it is unrelated to both the borrower and the IE and does not know (or have reason to know) of facts sufficient to establish the existence of a conduit and the necessary tax-avoidance plan.
But times are changing, and a new generation of lenders is demonstrating that they are willing and capable of providing both construction and permanent loans for these owners.
That's particularly true in that hedge funds and distressed-asset lenders are prime forces in this type of lending, and may not have the stomach or the expertise to stay the course if things go south (see sidebar, "How Second Liens Complicate a Workout," on page 43).
You should keep a record of all correspondence with the lender during the foreclosure process.
What do lenders think about the current property fundamentals and how do these relate to their portfolios?
HMDA, which was enacted by the Congress in 1975, requires most mortgage lenders located in metropolitan areas to collect data about their housingrelated lending activity, report the data annually to the government, and make the data publicly available.
1.465-20, amounts borrowed after May 3, 2004, from a lender who has a disqualifying interest in an activity or is related to someone (other than the taxpayer) with a disqualifying interest, will be treated in the same manner as borrowed amounts protected against loss.
The lender needs to see that the prospective franchisee understands the typical sales and expenses in that system, and that they anticipate being able to repay the loan, provide for their minimal personal needs, and have some cushion.
Lenders judge an applicant's creditworthiness by examining its business history, growth prospects, asset base, cash-flow stability and the cyclical nature of its industry.