lenders
Pronunciation: [ˈlɛndərz]
Word
Context: "finance"
(noun) a lender is a person or organization that gives money to others with the expectation that it will be paid back, usually with extra money called interest. Lenders help people buy homes, cars, or pay for education by lending them money.
Example
The bank acted as a lender for the new homeowners, giving them a mortgage to buy the house.
Example
Without good credit, she couldn't find any lenders willing to give her a loan.
Example
Who are the main lenders in our community?
Context: "business"
(noun) lenders can also refer to businesses or institutions, like banks, that specialize in providing loans to customers. They play an important role in the economy by helping people finance their purchases.
Example
Credit unions are often seen as friendly lenders because they usually have lower interest rates.
Example
Some lenders charge very high fees that make it hard for people to pay back their loans.
Example
What types of lenders offer the best rates?
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