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English definition of “on-lend”

on-lend

verb [T]     (on-lent, on-lent) FINANCE
to borrow money and lend it to someone: on-lend sth to sb The bank proposed to on-lend the money to other banks at a rate of 15%.
on-lending noun [U]
(Definition of on-lend verb from the Cambridge Business English Dictionary © Cambridge University Press)
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