private lender Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "private lender" - Business English Dictionary

private lender

noun [C]
 
 
FINANCE
a person or organization that lends money to people who are having difficulty getting loans, usually at a higher rate than a bank would charge: Many people are turning to small private lenders when the bank turns them down for a loan.
a private, not a government, organization that lends money: The Federal Housing Administration does not make loans; it provides mortgage insurance to borrowers through a network of private lenders.
(Definition of private lender from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of private lender?
Add Cambridge dictionaries to your browser to your website
Word of the Day
social security

a system of payments made by the government to people who are ill, poor, or who have no job

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

responsible luxury noun
responsible luxury noun
August 03, 2015
high-end, green tourism and hospitality Jumeirah’s ‘responsible luxury’ approach is an example of a sustainable travel experience – future guests will enjoy the environment as much as today’s.

Read More