lender

Definition

A private, public or institutional entity which makes funds available to others to borrow.

Use lender in a sentence

You should try to go to a lender that does not charge to many points when you want to borrow from them.

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My company needs a loan and after making several contacts to a lender we were successful in securing our funds.

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Sometimes money is not always available when you need it. For example, Susan needs money to open up her cookie business. However, she doesn't have enough. So she goes to a lender and make a deal to borrow a certain money and she will pay it back with interests over time.

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